You are currently viewing ExxonMobil speaks on leaving Nigeria

ExxonMobil speaks on leaving Nigeria

  • Post author:
  • Post category:Oil & Gas

The discussions also touched on the ministry’s support for both international and independent oil operators, aiming to enhance production and maintain investor confidence.

According to The Nation, Lokpobiri assured Harris of continued government support, stressing the significance of dialogue and collaboration to drive innovation and sectoral growth.

The meeting concluded with optimism about future prospects, signaling a strengthened commitment from both parties towards advancing Nigeria’s energy landscape.

The assurance from ExxonMobil comes amidst efforts by the Nigerian government to attract and retain foreign investments in the energy sector, crucial for economic development and stability.

In a recent meeting with the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri in Abuja, ExxonMobil’s MD/CEO, Mr. Shane Harris, reaffirmed the company’s dedication to its operations in Nigeria.

Addressing concerns about potential withdrawal from the country, Harris emphasized ExxonMobil’s ongoing investments and strategic collaboration with the Nigerian government.

He stated, “We have no plan to leave,” underscoring the importance of their partnership for sustainable growth in Nigeria’s energy sector.

Minister Lokpobiri echoed these sentiments, highlighting the government’s commitment to fostering a conducive environment for energy sector investors.

He praised ExxonMobil’s planned investments as aligned with national objectives, emphasizing the mutual benefits of their renewed relationship.