WATCH THE VIDEO HERE ExxonMobil has affirmed its long-term commitment to Nigeria’s oil and gas sector with a planned investment of $1.5 billion in deepwater exploration and development of the Usan oilfield. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed this in a statement on its X handle on Tuesday. According to the Commission, the financial commitment will be implemented between Q2, 2025 and 2027. This announcement, it said, was made during a visit by ExxonMobil’s Managing Director in Nigeria, Shane Harris, to the Commission’s Chief Executive of the NUPRC, Gbenga Komolafe.
ExxonMobil to invest $1.5b in Usan deepwater oil field — NUPRC
