Chad's president signs bill to nationalize Exxon Mobil assets
Bill includes ExxonMobil’s interest in more than 621-mile Chad-Cameroon pipeline - Anadolu Agency
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Bill includes ExxonMobil’s interest in more than 621-mile Chad-Cameroon pipeline - Anadolu Agency
Chad has announced it has nationalised a former subsidiary of US oil and gas giant ExxonMobil, whose sale to a British company last year it had contested.
The company holds concessions in a number of productive fields, as well as rights over oil extracted there and a share in a pipeline transporting crude to neighbouring Cameroon for export via the
Savannah Energy has announced the completion of its acquisition of ExxonMobil's entire upstream and midstream asset portfolio in Chad and Cameroon, including operatorship of the upstream assets.
Investegate announcements from Savannah Energy Plc, 2021 Annual Report and Audited Accounts