Shell And ExxonMobil Invest in Nigeria's Deepwater Energy Projects

Nigeria is working on revitalizing its energy industry by increasing crude production and becoming a dominant refining hub. Shell (SHEL.L) and ExxonMobil (XOM) are investing heavily in deepwater projects, while the Dangote Refinery aims to transform Nigeria's fuel market through domestic supply and exports.

By Alex Kimani Tue, July 7, 2026 at 12:00 AM GMT+3 5 min read · Yahoo Finance · July 6, 2026, 21:00 UTC

Shell And ExxonMobil Invest in Nigeria's Deepwater Energy Projects

Tickers: $XOM

Topics: deepwater projects ExxonMobil Nigeria oil production Shell

Read the full article at Yahoo Finance

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