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The Nigerian government is poised to greenlight ExxonMobil’s $1.28bn asset sale to Seplat Energy within the next two weeks, pending resolution on critical issues related to decommissioning and host community rights, local media reported on May 2. Gbenga Komolafe, the Executive Secretary of the Nigeria Upstream Petroleum Regulatory Council (NUPRC), noted that ExxonMobil would soon meet NUPRC to agree on those two points. The outcome of this meeting will significantly influence the approval process for the deal, potentially expediting it. Seplat opened talks in 2021 to buy Mobil Producing Nigeri…

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