Shell Announces $2.4bn Sale Of Nigerian Onshore Oil Business
Shell Plc has agreed to sell its Nigerian onshore oil and gas subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to a consortium
Source: leadership.ng
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Source: marketscreener.com
Shell agrees to sell Nigerian onshore subsidiary, SPDC for $2.4bn
Shell Plc has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited.
Source: punchng.com
Shell to sell Nigeria onshore oil business for $2.4 billion
Shell Petroleum Development Company of Nigeria Limited (SPDC) will get up to $2.4 billion from the transaction including an initial sum of $1.3 billion.
Source: premiumtimesng.com
Proposed Assets Sale: Make Shell Accountable For Role In Niger Delta Oil Spills, Amnesty International Tells Nigeria
An international human rights organisation, Amnesty International, has said that decades of oil spills from Shell Plc’s operations have damaged the health and livelihoods of many inhabitants of the Niger Delta region of Nigeria. Amnesty International’s Head of Business and Human Rights, Mark Dummett, said this on Tuesday while reacting to the report of Shell’s proposed sale of its Nigerian Onshore oil assets to a consortium of local companies for over $1.3 billion.
Source: saharareporters.com