NUPRC hails ExxonMobil’s $1bn deepwater investment, awards 19 oil licences

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has praised ExxonMobil's $1 billion investment in the Usan deepwater oil project, which is expected to increase crude oil production by 40,000 barrels per day. Additionally, NUPRC awarded 19 oil licenses to support further exploration and production activities.

NUPRC welcomes ExxonMobil’s $1bn investment in Nigeria’s Usan deepwater project, set to boost crude oil production by 40,000 bpd and revive drilling activi Read More: https://punchng.com/nuprc-hails-exxonmobils-1bn-deepwater-investment-awards-19-oil-licences/