British oil giant Shell acquired an additional 10% stake in a Nigerian offshore oil field from France’s TotalEnergies, ...
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 ...
Shell has increased its ownership in Nigeria's deep-water Bonga field as part of a broader push to expand production from ...
Shell to receive additional cash payments of up to $1.1 billion. Transaction will preserve the full range of SPDC’s operating capabilities. Get ahead of Wall Street reactions—Benzinga Pro delivers ...
Nigeria’s first deepwater oil development – has taken place with subsidiaries of majors Eni (NYSE:E, BIT:ENI) and Shell (LSE/NYSE:SHEL) increasing their stakes and Total Energies (EPA/NYSE:TTE) ...
ABUJA, Nigeria -- 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 company to ...
The now-completed deal with TotalEnergies EP Nigeria Ltd. brings Shell’s stake in the OML 118 production sharing contract to ...
Shell has pledged $6 billion in investment for Nigeria, the bulk of which is for the expansion of the Bonga oil field project. Shell PLC has pledged $6 billion in investment for Nigeria, the bulk of ...
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 ...
Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of an oil spill on the Trans Niger pipeline that lasted several days. The spill from the 180,000-barrel-a-day, ...
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.