EXXONMOBIL has announced a delay in the final investment decision (FID) for its Rovuma liquefied natural gas (LNG) project in northern Mozambique, now pushing the timeline to 2026. This revised target postpones the project’s go-ahead by approximately three months from the company’s…
NIGERIA has officially approved the sale of ExxonMobil’s onshore assets to Seplat Energy, marking the conclusion of a $1.28bn deal that has been in the pipeline for over two years. The sale, which was first agreed in February 2022, finally…
ExxonMobil has announced significant progress on various energy initiatives across Africa, reinforcing its position as a key player in the continent’s energy sector. The multinational aims to boost energy security while maintaining an industry-leading low emissions intensity. In Mozambique, ExxonMobil…
EXXONMOBIL has announced plans to invest $10bn in offshore oil projects in Nigeria, marking a significant push in its commitment to the country’s energy sector. The announcement was made during discussions between Nigeria’s Vice President Kashim Shettima and Shane Harris,…
