Africa Oil & Gas: ExxonMobil to commence operations in Ghana

Darren Woods, Chairman & CEO, Exxon Mobil Corporation attends a news conference at the NYSE
Darren Woods, Chairman & CEO of Exxon Mobil Corporation attends a news conference at the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2017. REUTERS/Brendan McDermid

American multinational oil and gas company ExxonMobil Corporation is to begin full operations in Ghana this year – 2018. It follows successful negotiations with Ghana to carry out exploratory works at the deep water cape three points.

Citi Business News has gathered Government will next week Thursday 18th January, 2018, sign an agreement with the oil giant to finalize the move which will see it commence operations later this year – 2018.

Exxon Mobil per the latest move joins numerous oil giants who run operations in Ghana including Tullow and Kosmos.

ExxonMobil has been operating for over 135 years evolving from a regional marketer of kerosene in the US to the largest publicly traded petroleum and petrochemicalenterprise in the world.

The company operates in most countries across the world under brand names such as ExxonEsso and Mobil.

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