Archives Tag: oil fields
ExxonMobil Discovers 1 Billion Barrels of Oil in Bayelsa
April 19, 2022
American oil and gas company, ExxonMobil says it has discovered about 1 billion barrels of oil off the coast of Bayelsa State, in Nigeria’s far south. An e-mailed statement from the firm describes the find as “significant”, and suggests that it has the potential to yield recoverable resource of between 500 million and 1 billion … Continue reading ExxonMobil Discovers 1 Billion Barrels of Oil in Bayelsa
Dangote Group Considers Acquisition of Oil Blocks
April 19, 2022
The Dangote Group, a conglomerate of manufacturing companies owned by Aliko Dangote, Africa’s richest man, is considering purchasing oil fields in Nigeria. The planned purchase comes in the wake of news that international oil companies in Nigeria plan to sell their onshore assets in the country. Dangote Group is making moves to set up a … Continue reading Dangote Group Considers Acquisition of Oil Blocks
By kobe
