shell
TotalEnergies Plans to Sell Nigerian Onshore Oil Business Following Shell’s Exit
During a presentation of its financial results, TotalEnergies CEO, Patrick Pouyanne, revealed the company’s intention to divest its minority stake in a significant Nigerian onshore oil joint venture, echoing Shell’s recent departure from the sector.
Pouyanne highlighted the company’s strategic … Continue Reading
Shell to Supply 100 Million Cubic Feet of Gas Daily to Dangote Fertilizer Plant
The Shell Petroleum Development Company (SPDC) has finalized plans to provide 100 million standard cubic feet of gas per day to the Dangote Fertiliser and Petrochemical Plant in Lekki, Lagos State.
The final investment decision, made in collaboration with joint … Continue Reading
Shell to Divest Nigerian Onshore Oil Assets in $1.3 Billion Deal
Shell Plc has officially announced an agreement to sell its onshore oil assets in Nigeria to a local consortium for a sum exceeding $1.3 billion, pending government approval.
Zoe Yujnovich, Shell’s Integrated Gas and Upstream Director, confirmed the deal’s significance … Continue Reading