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Exxon’s Usan Commences Production
By:
DailyMarkets.com
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. Related Stocks:
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