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For example, another Shell ship off Nigeria, the Sea Eagle, began to take on seawater in 2022 and needed urgent repairs, something Cox said was highly unusual for floating production vessels.
Shell said Tuesday, Jan. 16, 2024, it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.4 billion. (Photo by Sunday Alamba, AP, file) ...
Shell remains a key player in Nigeria’s economy, as evidenced by the $4.9 billion paid to the government of Nigeria in 2023 alone. This figure is part of a larger $67 billion payment across 26 ...
Shell has agreed to sell its Nigerian onshore oil subsidiary for up to $2.4 billion, making good on a promise to exit what was for decades one of its most dependable cash cows but in recent years ...
Shell said Tuesday that it had agreed to sell its onshore oil and gas business in Nigeria to a group dominated by local companies for $1.3 billion. The transaction is an effort by Europe’s ...
Shell International and indigenous energy firm Ardova Plc have called for stronger public-private partnerships as a critical step toward resolving Nigeria’s persistent power sector challenges ...
Shell said Tuesday, Jan. 16, 2024 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 ...
ABUJA, Nigeria (AP) — Local activists and international environmental groups want Nigeria’s government to delay approving the $2.4 billion sale of oil company Shell’s onshore assets.
Royal Dutch Shell's agreement to pay millions of dollars to the families of Nigerian protesters executed in the 1990s is unlikely to end local hostility towards the firm, activists said on Tuesday.
Shell remains a key player in Nigeria’s economy, as evidenced by the $4.9 billion paid to the government of Nigeria in 2023 alone. This figure is part of a larger $67 billion payment across 26 ...