Exxon ramped up output of Nigeria’s Qua Iboe crude after pipeline damage

by | May 18, 2016 4:31 pm

Exxon Mobil has ramped up production of Nigeria’s Qua Iboe crude oil just over a week after pipeline damage forced it to slow output, traders said on Wednesday. The company cut production, and declared force majeure on exports, after a drilling rig, experiencing mechanical difficulties, damaged the pipeline it jointly owns with the state-owned Nigerian…

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