ExxonMobil Commits $1 Billion for Usan Infill Project in Nigeria

ExxonMobil, along with its partners, is investing $1 billion to expand operations at the Usan field offshore Nigeria. The project aims to increase oil production by 40,000 barrels per day and marks Esso Exploration's first drilling activity since 2016.

By Shree Mishra Thu, July 9, 2026 at 1:18 PM GMT+3 2 min read · Yahoo Finance ·

ExxonMobil Commits $1 Billion for Usan Infill Project in Nigeria

Tickers: $CVX $XOM

Topics: investment nigeria_upstream_sector project_launch

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