ExxonMobil is the world’s largest publicly traded international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world ExxonMobil uses innovation and technology to deliver energy to a growing world. We explore for, produce and sell crude oil, natural gas and petroleum products. We operate facilities or market products in most of the world’s countries and explore for oil and natural gas on six continents.
ExxonMobil has three major subsidiary companies in Nigeria. Mobil Producing Nigeria Unlimited (MPN), Esso Exploration and Production Nigeria Limited (EEPNL – Upstream operations), and Mobil Oil Nigeria (MON – Downstream operations).
Mobil Producing Nigeria is a subsidiary of Exxon Mobil Corporation and the second largest oil producer in Nigeria. Mobil Oil Nigeria is a publicly traded company listed on the Nigerian Stock Exchange.
Our two upstream subsidiaries have a long history of operations in Nigeria and have significant oil & natural gas production and a leadership exploration position in the deepwater offshore Nigeria. The companies' operations are one of the largest sources of revenue for the Nigerian government and the economy. There are approximately 1900 ExxonMobil employees with Nigerians representing 96 percent of the work force. Company headquarters is located in Lagos.
Mobil Producing Nigeria is one of the largest oil producers in Nigeria. The company commenced operations in Nigeria in 1955 under the name Mobil Exploration Nigeria Incorporated (MENI). MPN operates a Joint Venture with the Federal Government of Nigeria, through the Nigerian National Petroleum Corporation (NNPC). The Federal Government has a 60 percent share, with the remaining 40 percent being MPN.
Since 1961, when the company was granted Oil Prospecting License (OPL) offshore present Akwa Ibom State, MPN has made visible contributions to the development of Nigeria's oil and gas industry. The company and its joint venture partner, NNPC, operate over 90 offshore platforms comprising of about 300 producing wells at a capacity of over 550 thousand barrels a day of crude, condensate and natural gas liquids (NGL).