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Report: Exxon seeks to divest oil, gas stakes in Nigeria

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Report: Exxon seeks to divest oil, gas stakes in Nigeria

Exxon Mobil Corp. has talked with potential Nigerian buyers of its stakes in oil and gas fields in Nigeria, which could fetch up to US$3 billion, according to an April 2 report from Reuters. The fields include onshore and offshore.

Exxon will soon open a data room that will provide technical information on the fields, such as seismic and production details, a source told Reuters.

The move is part of its plan to divest around US$15 billion by 2021.