Nipco to Purchase 60% of Mobil Oil Nigeria

• Wednesday, 30th November 2016
• by Editorial Team

Nipco Plc will pay about $291m for the acquisition of the 60% shares of ExxonMobil in the company.

ExxonMobil to Exit Nigeria’s Downstream

• Monday, 24th October 2016
• by Egypt Oil & Gas

ExxonMobil plans to sell 60% of its equity in Mobil Oil Nigeria Plc (MON) to Nipco Investments Limited, a wholly-owned subsidiary of Nipco Plc.