Nipco | Egypt Oil & Gas

NIPCO Acquires ExxonMobil’s 60% Stake in Mobil Oil Nigeria

NIPCO Investments Limited completed the acquisition of the 60% majority equity stake of ExxonMobil Oil Corporation in Mobil Oil Nigeria Plc.

Nipco to Purchase 60% of Mobil Oil Nigeria

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

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