ExxonMobil discover a billion barrel oil field offshore Nigeria

ExxonMobil discover a billion barrel oil field offshore Nigeria

Nigerians received some good news about its crisis plagued oil and gas sector yesterday 27 October, when ExxonMobil announced the discovery of an oil field offshore Nigeria, projected to contain as much as one billion barrels of crude oil reserves. At an average price of US$50 per barrel, the new field is worth US$50 billion…

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