U.S. oil major Exxon Mobil Corp. subsidiary Mobil Producing Nigeria said that a blockade by former employees threatens crude production at its Nigerian oil facilities with the potential to significantly impact revenues, Reuters reported Sept. 3.
Exxon described the blockades as "playing of loud music, defacing of company facilities and intimidation of personnel" and added that the "continued denial of access to production facilities could impact the company's ability to safely continue production operations."
Mobil Producing Nigeria operates a joint venture with the Federal Government of Nigeria, through the Nigerian National Petroleum Corp. The company and its joint venture partner operate over 90 offshore platforms comprising of about 300 producing wells at a capacity of over 550 thousand barrels a day of crude, condensate and natural gas liquids.
Mobil Producing Nigeria and Esso Exploration and Production Nigeria Ltd. are Exxon's upstream affiliates operating in the country.