Seplat Completes $1.28bn Acquisition of Mobil Nigeria Energy Assets.

Seplat Energy Plc has completed its $1.28bn acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil, marking a significant milestone in the company's growth strategy. The deal is expected to expand Seplat's oil and gas operations in Nigeria.

Seplat Energy Plc has completed its $1.28 billion acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil, marking a significant milestone in the company's growth strategy. This deal strengthens Seplat's position in the Nigerian oil and gas sector, bolstering its capabilities and expanding its operations. The acquisition is part of Seplat's efforts to increase its presence in the country's lucrative upstream market.