Deep Offshore Act

Deep Offshore Act: ExxonMobil allays fear over capital flight

Deep Offshore Act: ExxonMobil allays fear over capital flight

Chairman/ Managing Director of ExxonMobil in Nigeria, Mr. Paul McGrath, has stated that the Nigerian petroleum industry and the economy in general, remained an attractive destination for investment, irrespective of the signing of the amended Deep Offshore (and Inland Basin Production Sharing Contract) Act into law.