ExxonMobil and partners to invest $1 billion in Nigeria's oilfield, regulator says

ExxonMobil and its partners will invest $1 billion in the Usan Infill Project, expected to add 40,000 barrels per day of oil production offshore Nigeria.

ExxonMobil and its partners will invest $1 billion ‌in the Usan Infill Project offshore Nigeria, a development expected to add 40,000 barrels per day (bpd) of oil production, Nigeria's upstream regulator said on Wednesday. The Nigerian ‌Upstream Petroleum Regulatory Commission (NUPRC) said the investment marks a return ‌to drilling activity by ExxonMobil affiliate Esso Exploration and Production Nigeria in the country, with the company's last drilling operation dating back to 2016.