Exxon Mobil reported Thursday that activities at its Nigerian facilities had resumed after the resolution of a labor dispute with its in-house union over wages and conditions.
Due to the strike, Exxon had to declare force majeure on oil liftings at its ports in the country.
Exxon verified via email that all systems are operational for the company’s three Nigerian subsidiaries: Mobil Producing Nigeria Unlimited, Esso Exploration and Production Nigeria Limited, and Esso Exploration and Production (Offshore East) Limited.
The termination of the strike action by the union representing the company’s workers, according to the spokesperson.
According to a statement made by Nigeria’s state-owned oil firm NNPC Ltd, the labor dispute between the two sides was settled after a pay modification that pleased both the union and Exxon was agreed upon.
The problem is “effectively constraining 300,000 barrels of oil production daily,” according to NNPC, which controls joint ventures with oil companies such as Exxon.
Nigeria intends to expand oil output to 1.8 million barrels per day (from 1.6 million barrels per day) by the end of the year.
