Stock Watch

Exxon’s Usan Commences Production
Posted on March 01, 2012 at 15:05 PM EST
ExxonMobil Corporation (NYSE:XOM), through its Nigerian affiliate − ExxonMobil subsidiary Esso E&P Nigeria (Offshore East) Limited − experienced the first oil from the Usan field off the coast of West Africa. This is expected to boost Nigeria’s daily oil production capacity by 180,000 barrels at peak level. Nigeria is considered to be Organization of the [...]

ExxonMobil Corporation (NYSE:XOM), through its Nigerian affiliate − ExxonMobil subsidiary Esso E&P Nigeria (Offshore East) Limited − experienced the first oil from the Usan field off the coast of West Africa. This is expected to boost Nigeria’s daily oil production capacity by 180,000 barrels at peak level. Nigeria is considered to be Organization of the Petroleum Exporting Countries’ (OPEC) fourth largest oil producer.
The Usan project is a joint deepwater offshore development venture … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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