FILE - A member of Shell staff on the Bonga offshore oil Floating Production Storage and Offloading vessel off the coast of the Niger Delta in Nigeria, Monday, Dec. 26, 2011. Shell said Tuesday, Jan.
Shell Petroleum Development Company of Nigeria Limited, SPDC, has been renamed to Renaissance Africa Energy Company Limited after 46 years of operation in Nigeria. The development comes after ...
ABUJA, Nigeria (AP) — The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered environmental damage after oil giant Shell's sale of ...
Shell, an international energy and petrochemical company, is selling its onshore business in Nigeria but is not leaving the country, contrary to claims in some social media posts. “Shell just ...
In a statement posted on its website on Tuesday, Shell announced that it has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited ...
Shell Nigeria Exploration and Production, a subsidiary of Shell (NYSE:SHEL), together with Sunlink Energies and Resources Limited, has taken a final investment decision on the HI gas project offshore ...
The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore. By Stanley Reed Shell said Tuesday that it had agreed ...
Shell plc (SHEL) has completed the acquisition of an additional 10% interest in Nigeria’s OML 118 Production Sharing Contract, raising its stake in the deep-water Bonga field from 55% to 65% and ...
ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.4 billion, the latest move by the energy ...