Latham, White & Case Lead on Nigeria's Longstanding $1.3B Oil Deal
Latham & Watkins and White & Case are at the forefront of Seplat's $1.3 billion acquisition of Exxon Mobil's Nigerian onshore assets, finally approved after nearly three years of delays, marking a significant milestone in the country's energy sector.
October 28, 2024 at 11:04 AM
2 minute read
ExxonMobil corporate sign in Kuala Lumpur, Malaysia. Credit: Harry Green/Adobe Stock Latham & Watkins and White & Case are leading on Seplat's acquisition of Exxon Mobil's onshore asset in Nigeria, a $1.3 billion deal that finally received the go-head after almost three years.
Initially announced in February 2022, Latham & Watkins represents Exxon Mobil, while White & Case advises Seplat. Local counsel on both sides is being provided by Nigerian firms Templars, UUBO, Olaniwun Ajayi, and Streamsowers & Kohn.
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