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FirstBank, Shell oppose Nigerian group s bid to seize assets in oil spill dispute

Nigeria's FirstBank and a unit of energy giant Shell said on Friday members of a community in southern Nigeria had no right to seize assets from a bank branch this week in a dispute over compensation for an oil spill more than five decades ago.

APO Group - Africa Newsroom / Press release | Heirs Holdings Significantly Expands Oil and Gas Portfolio

Ambassade d Allemagne - Libreville Ambassade d Allemagne au Togo Ambassade d Italie à Alger en Algérie Ambassade de Côte d´Ivoire en Espagne Ambassade de Djibouti à Washington, D.C., États-Unis Ambassade de France à Abidjan, Côte d Ivoire Ambassade de France à Asmara, Erythrée Ambassade de France à Bissau, Guinée-Bissau Ambassade de France à Brazzaville, Congo Ambassade de France à Cotonou Ambassade de France à Dar es Salaam, Tanzanie Ambassade de France à Djibouti Ambassade de France à Khartoum, Soudan Ambassade de France à Lomé, Togo Ambassade de France à Madagascar Ambassade de France à Malabo, Guinée Équatoriale Ambassade de France à Moroni, Comores Ambassade de France à Nouakchott, Mauritanie Ambassade de France à Port-Louis, Maurice

BREAKING: Shell sells stake in Nigerian oil block for $533m

Punch Newspapers Sections ‘Femi Asu Three international oil companies operating in Nigeria have sold their combined 45 per cent interest in Oil Mining Lease 17 and related assets in the Eastern Niger Delta to TNOG Oil and Gas Limited, an integrated energy company founded by Mr Tony Elumelu. Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and Nigerian Agip Oil Company Limited assigned their interests of 30 per cent, 10 per cent, and five per cent respectively in the lease to TNOG Oil and Gas. SPDC announced in a statement on Friday the completion of the sale of its 30 per cent interest in OML 17 and associated infrastructure to TNOG Oil and Gas for a consideration of $533m.

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