ExxonMobil has announced plans to make a Final Investment Decision (FID) on its Owowo deepwater project in Nigeria by early 2027. The project is estimated to cost approximately $8 billion and aims to enhance the company's operations in the region. This development underscores ExxonMobil's commitment to expanding its portfolio in deepwater exploration and production. The Owowo project is expected to contribute significantly to Nigeria's oil output once operational.
Related Articles
Don't miss out on breaking stories and in-depth articles.