MOBIL Producing Nigeria (MPN), operator of its joint venture with the Nigerian National Petroleum Corporation (NNPC), is pleased to confirm that it has reached agreement with the federal government of Nigeria on the long term renewal of the NNPC-MPN joint venture leases.

ExxonMobil, through MPN and its other operating entities in Nigeria, has enjoyed a mutually beneficial relationship with NNPC and the Nigerian people for over 40 years. During this time, our projects have not only generated significant income for Nigeria but also promoted economic and social development in the country. We look forward to continuing this mutually beneficial relationship well into the future.