Background and Agreement Details: Two years after the divestment plan was announced, NNPC Ltd. and ExxonMobil have signed a $1.28 billion asset divestment agreement. This deal involves MPNU, Mobil Development Nigeria Inc., and Mobil Exploration Nigeria Inc. NNPC stated, “Settlement agreement between NNPC Ltd. and MPNU, Mobil Development Nigeria Inc., and Mobil Exploration Nigeria Inc. […]