There had been reports that the NNPC intended to exercise a right of pre-emption on ExxonMobil’s planned sale of the MPNU assets in Nigeria.In May, the federal government declined to consent to the proposed acquisition due to “overriding national interest”.
President Buhari also directed that all environmental and abandonment liabilities be adequately mitigated by Exxon Mobil and Seplat. Meanwhile, upstream regulator, the Nigerian Upstream Petroleum Regulatory Commission has rejected President Muhammadu Buhari’s approval of Seplat’s purchase of ExxonMobil’s assets.
“Responding to media enquiries on latest development about the transaction, the Chief Executive of the NUPRC Gbenga Komolafe clarified that the Commission in line with the provisions of the Petroleum Industry Act 2021 is the sole regulator in dealing with such matters in the Nigerian upstream sector.
It said the transformational transaction will create one of the largest independent energy companies on both the Nigerian and London Stock Exchanges, and bolster Seplat Energy’s ability to drive increased growth, profitability and overall stakeholder prosperity.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Buhari okays acquisition of Exxon Mobil shares by SeplatPresident Muhammadu Buhari has consented to the acquisition of Exxon Mobil shares in the United States of America by Seplat Energy Offshore Limited. The Who are the owners of Seplat? When a president okays acquisition like this 'a cabal' is involved in Seplat.
La source: DailyPostNGR - 🏆 11. / 59 Lire la suite »
Buhari approves Seplat's acquisition of Mobil Nigeria from ExxonMobilSeplat's move to take over the asset suffered setback after NNPC asserted a right of first refusal on the deal.
La source: PremiumTimesng - 🏆 3. / 78 Lire la suite »
Buhari approves Seplat's acquisition of Exxon Mobil's $1.3bn oil assetsPresident Muhammadu Buhari has consented to the acquisition of Exxon Mobil shares in the United States of America by Seplat Energy Offshore Limited.
La source: Daily Trust - 🏆 13. / 51 Lire la suite »
Buhari approves Seplat’s acquisition of Exxon Mobil shares - Punch NewspapersThe most widely read newspaper in Nigeria The Caption should have being 'Cabals Approves Seplats acquisition of Exxon Mobil shares' Presidency approves not Buhari. MBuhari approve ASUU sir
La source: MobilePunch - 🏆 8. / 63 Lire la suite »
Buhari overrides NNPC, approves Seplat's acquisition of Mobil Producing Oil assets | TheCablePresident Muhammadu Buhari has approved the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc despite moves by the state-owned oil company to block the deal. In February, Seplat had nnpclimited Seplatpetroleum SeplatEnergy MKKyari Minister of Petroleum taking action 🤣. Las Las everybody go chop breakfast nnpclimited Seplatpetroleum SeplatEnergy MKKyari Bubu is the King nnpclimited Seplatpetroleum SeplatEnergy MKKyari 😳😳😳😳.... Seriously! Ah.
La source: thecableng - 🏆 2. / 80 Lire la suite »
BREAKING: Regulator Rejects Buhari's Approval Of Seplat/ExxonMobil Acquisition DealA statement repudiating the ministerial approval exercised by President Buhari, came a few hours after presidential spokesperson, Femi Adesina, had announced
La source: LeadershipNGA - 🏆 4. / 77 Lire la suite »