The potential disposals are expected to include stakes in onshore and offshore fields and could raise up to $3 billion, Reuters reported, citing two unnamed sources. One source said that the Irving, Texas-based company was "actively divesting in Nigeria."
Exxon Mobil is one of the largest oil and gas producers in Nigeria, with 106 operated platforms. The company's oil output in the West African country reached 225,000 barrels per day (bpd) in 2017.
A source told Reuters that Exxon was soon due to open a "data room" - which would provide technical information on the fields, such as seismic and production details - in Nigeria.
Exxon announced earlier this year plans to boost its capital spending from $26 billion in 2018 to $30 billion in 2019 and up to $35 billion next year as it seeks to develop oilfields in Guyana and the U.S. Permian basin as well as gas projects in Mozambique and the U.S. Gulf Coast.
Shares of Exxon Mobil closed up 1.2% Monday at $81.73.
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