Shell Announces Sale of Nigerian Onshore Subsidiary to Renaissance Consortium for $1.3 Billion
Shell has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium of five companies, comprising four exploration and production companies based in Nigeria and an international energy group. The completion of this transaction is contingent upon approvals by the Federal Government of … Continue reading Shell Announces Sale of Nigerian Onshore Subsidiary to Renaissance Consortium for $1.3 Billion
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