Shell agrees to sell SPDC, announces plan to exit Nigeria
A leading international oil company, Shell, has agreed to sell its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited,
Source: dailypost.ng
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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 divest Nigerian unit to Renaissance for undisclosed sum
Energy giant Shell announced Tuesday that it has reached a deal to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Company of Nigeria Limited or SPDC, to Renaissance, for an undisclosed sum. Renaissance is a consortium of five companies comprising four exploration and production firms based in Nigeria and an international energy group. Zoe Yujnovich, Shell's integrated gas and upstream director, said: "This agreement marks an important milestone for Shell in Nigeria, aligni
Source: yahoo.com
Shell to sell Nigerian onshore subsidiary SPDC
Shell has reached an agreement to sell The Shell Petroleum Development Company of Nigeria Limited (SPDC)
Source: oilreviewafrica.com
Shell sells Nigerian onshore oil business for $2.4 billion
On December 31, 2022, SEC proved reserves that are the subject of this transaction were approximately 458 MMboe.
Source: worldoil.com