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Oil Exploration:FG Renews ExxonMobil license for 20 Years

All licenses for ExxonMobil to operate three big fields which produces about 5,000 barrels of crude a day has been issued to last 20years by … Continue reading Oil Exploration:FG Renews ExxonMobil license for 20 Years


All licenses for ExxonMobil to operate three big fields which produces about 5,000 barrels of crude a day has been issued to last 20years by the Federal Government of Nigeria.

The Minister of Petroleum commented after the issuance that the lease is a development for the hydro-carbon industry.