Bloomberg News

Nigeria Signs Three Oil-Lease Renewals With Exxon Mobil Unit

February 22, 2012

Feb. 22 (Bloomberg) -- Nigeria signed a deal today with Exxon Mobil Corp. to renew for 20 years three oil leases with capacity for about 550,000 barrels a day, Mark Ward, managing director of the company’s Nigerian unit, told reporters in Abuja, the capital.

To contact the reporter on this story: Chris Kay in Abuja at

To contact the editor responsible for this story: Dulue Mbachu at

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