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Exxon Mobil faces significant regulatory hurdles for Owo Deep-Water Project by December 31, 2024?
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Exxon Mobil Announces $10 Billion Investment in Nigeria's Owo Deep-Water Project
Sep 26, 2024, 11:29 AM
Exxon Mobil Corp has announced a proposed $10 billion investment in Nigeria's deep-water oil operations. The investment, confirmed by the Nigerian presidency, is aimed at the Owo Deep-Water Project. Vice President Kashim Shettima welcomed the proposal, highlighting it as evidence of the administration's economic reforms and investment-friendly policies. The announcement was reported by Reuters from Abuja.
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