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Shell sells its Nigeria onshore oil and gas assets
Money Land Forum / Business / Shell sells its Nigeria onshore oil and gas assets (3 Posts | 78 Views)
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Shell sells its Nigeria onshore oil and gas assets by sundaysamuel381(m) : 3:29 pm On Jan 16 |
 An important change in Nigeria’s oil business has occured with Shell agreement to sell its onshore oil and gas assets for $2.4 billion deal. ND Western, Aradel Oil, First E&P, Waltersmith, and Petrolin are members of the buyer consortium, which is headed by independent oil company in Nigeria, Renaissance Oil. The properties being sold comprise Shell 49% of the Forcados and Bonny export terminals as well as its investment in the SPDC Joint Venture, which manages more than 30 onshore oil and gas resources. With an extra payment of up to $1.1 billion for previous receivables upon completion, the oil giant would sell The Shell Petroleum Development Company of Nigeria Limited (SPDC) for $1.3 billion. |
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Re: Shell sells its Nigeria onshore oil and gas assets by Fredrick(m) : 7:10 pm On Jan 16 |
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Okay
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Re: Shell sells its Nigeria onshore oil and gas assets by Chairman(m) : 12:11 am On Jan 17 |
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Noted
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(1) (Reply)
Earn daily for everyone. / Danbatta Recommends Telecoms For The Growth Of Financial Inclusion In Nigeria / How to start Dropshipping business /
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