Exxon Resumes Oil Lifting in Nigeria After Dispute
Exxon Mobil Corp resumed operations at its facilities in Nigeria after resolving a labour dispute over pay and conditions with its in-house union, a company spokesperson said on Thursday.
The industrial action forced Exxon to declare force majeure on oil liftings at its terminals in the country.
A spokesperson for Exxon said in email responses that its three ventures, Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso Exploration and Production (Offshore East) Limited were now operating at normal levels.
“This follows the discontinuation of the industrial action earlier embarked upon by our in-house workers’ union,” the spokesperson said.
Earlier, Nigeria’s state-owned oil firm NNPC Ltd said in a statement it had helped end the labour dispute at Exxon after a pay adjustment acceptable to the union and Exxon was agreed upon.
NNPC, which runs joint ventures with oil majors, including Exxon, said the dispute was “effectively constraining 300,000 barrels of oil production daily”. Nigeria is targeting 1.8 million barrels per day (bpd) by year-end from 1.6 million bpd.
NNPC, Norway’s Golar sign agreement on floating LNG plant
Elsewhere, NNPC limited signed a memorandum of understanding with Golar LNG of Norway to build a floating liquefied natural gas plant in the country, the company said late on Wednesday.
Africa’s biggest oil producer, Nigeria, holds some of the world’s biggest gas reserves and is seeking investment to boost its own domestic supplies and exports.
NNPC said on Twitter late on Wednesday that the memorandum was signed by NNPC chief executive Mele Kyari and Golar CEO Karl Fredrik Staubo in the federal capital Abuja.
The company did not provide further details and did not respond to requests for comment. Golar has in the past indicated plans to set up a power project in Nigeria that could use one of its vessels to import liquefied natural gas. # Exxon Resumes Oil Lifting in Nigeria after Dispute
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