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Nigeria blocks Shell's asset sale in Niger Delta
Nigeria approves Exxon-Seplat deal, blocks Shell sale
Nigeria's regulatory authorities have approved the sale of ExxonMobil's assets to Seplat Energy while halting Shell's planned divestment of its onshore and shallow-water operations, reported Reuters.
Nigerian Government Endorses ExxonMobil-Seplat Divestment, Disapproves Shell-Renaissance Deal
The FG has endorsed ExxonMobil's divestment to Seplat Energy while rejecting Shell's proposed deal with Renaissance Africa Energy.
Nigeria halts Shell asset sale, approves Exxon-Seplat deal
Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , the country's upstream oil regulator said on Monday.
Nigeria rejects Shell asset sale; no impact to operations from Singapore oil leak
Nigeria has declined to approve the sale of Shell's (NYSE:SHEL) onshore and shallow-water oil and gas in the Niger Delta region to a consortium of local companies, the country's upstream regulator said Monday.
Shell's Onshore Oil Field Sale Worth $1.3B in Nigeria Suffers Setback
Shell plc’sSHEL deal to sell its onshore Nigerian subsidiary, Shell Petroleum Development Company Ltd ("SPDC"), for $1.3 billion has suffered a setback, with the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC") stating that the future buyer lacked the required qualifications to manage the assets.
Nigeria blocks Shell's asset sale in the Niger Delta
Nigeria has blocked the sale of Shell's entire onshore and shallow-water oil and gas assets in the Niger Delta, the country's upstream regulator said on Monday, roughly 10 months after the deal was announced.
LEADERSHIP Newspaper
2h
Tinubu Urges Stakeholders Partnership As NUPRC Launches 1mbopd Project
President Bola Tinubu has urged industry stakeholders to partner with the Nigerian Upstream Petroleum Regulatory Commission ...
Premium Times
3h
Nigerian govt rejects Shell’s plan to sell Nigeria onshore oil business
The Nigerian government has rejected Shell plan to sell its Nigeria onshore oil business to Renaissance Africa Energy Company ...
Punchng on MSN
9h
Four IOCs get FG nod to sell assets
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission, says it has approved four out of five ...
LEADERSHIP Newspaper
2h
As $1.3bn ExxonMobil-Seplat, 3 Other Divestments Get Approvals
The federal government has announced the approval of ExxonMobil's $1.28 billion divestment of its oil and gas assets to ...
Okay Nigeria
1h
Seplat Energy Receives Approval to Acquire Mobil Producing Nigeria Unlimited
Leading Nigerian energy company Seplat Energy Plc has announced that it has received official approval from the Nigerian ...
Punchng on MSN
8h
Minister, NUPRC differ over extra 1mbpd oil target
Heineken Lokpobiri, and the Nigerian Upstream Petroleum Regulatory Commission have expressed differing views regarding the ...
The Punch Newspapers
20h
FG plans additional 1mbpd oil production in 24 months
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has announced plans to significantly ...
TheCable
13h
Tinubu seeks industry collaboration to achieve 1mbpd crude oil production
President Bola Tinubu has called on industry stakeholders to collaborate with NUPRC to achieve the one million barrels of oil ...
devdiscourse
20h
Nigeria Halts Shell's $2.4 Billion Asset Sale to Renaissance
The Nigerian government has refused approval for Shell's sale of its onshore and shallow-water oil and gas assets in the ...
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