GNPC Mafia exposed!

The announcement on 17 August 2010 by ExxonMobil that it was abandoning its interest-purchase of 23.5% stake in the Jubilee field, Africa’s biggest offshore oil field, was precipitated by a Ghana National Petroleum Corporation (GNPC) backed-bid offer made by China Offshore Oil Corporation (CNOOC) to Kosmos Energy Limited, the largest shareholder of the Jubilee Field.