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JUST-IN: ExxonMobil’s Nigeria Unit Bets On The First IOC-funded Shore Base At LADOL hub
Esso Exploration and Production Nigeria Limited, an affiliate of ExxonMobil, broke ground Tuesday on a permanent Shore Base facility at the Lagos Deep Offshore Logistics Base, becoming the first international oil company to fully fund the construction of such infrastructure within Nigeria’s premier deepwater logistics hub.
The ceremony at LADOL’s Apapa Port complex drew senior officials from the Nigerian Content Development and Monitoring Board and the National Upstream Petroleum Investment Management Services, signalling the Nigerian government’s backing for a project that industry observers say could reshape how foreign majors approach onshore logistics investment in the country.See more, Full Details. .
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