Seplat Energy Finalises $1.28bn Acquisition of ExxonMobil’s Nigerian Unit
Seplat Energy Plc has completed the $1.28 billion acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil, marking a significant step in its growth and expansion strategy. The acquisition, announced on Thursday, received final approval from President Bola Ahmed Tinubu and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The deal had faced delays since 2022 due…