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$1.6bn oilfield asset sale

ExxonMobil: Right of first refusal empowered NNPC to overtake Seplat

Industry analysts have started advancing reasons why the Nigerian National Petroleum Company (NNPC), Limited has cancelled Mobil Producing Nigeria Unlimited $1.6bn oilfield asset sale to Seplat Energy Offshore, a wholly owned subsidiary of Seplat Energy Plc. Lead reason, according to…