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FIRST E&P
ExxonMobil is downsizing its operations in Africa’s largest oil-producing nation as it moves to reduce its office space in Lagos while curtailing activities in Nigeria.
Ms. Olu Verheijen, the special adviser on energy to President Bola Ahed Tinubu has said that security and Niger Delta development investments are key focus areas for the administration as it seeks to increase oil production in the country.
Yinson, FPSO operator has entered into a multi-millionaire deal for a floating production, storage and offloading vessel to be deployed offshore Nigeria.