Stake Sale

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.

Solo to Buy 10% of Helium One’s Assets in Tanzania

Solo Oil, a natural resources investment company, has negotiated the acquisition of a 10% interest in Helium One Limited for a total consideration of $3.19m.

ExxonMobil to Buy 25% of Eni’s LNG Offshore Mozambique

ExxonMobil Corp. announced it will buy 25% of a liquefied natural gas (LNG) project off Mozambique from Italy’s Eni for about $2.8b.

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