Gulf Oil and Gas accountACCOUNT

Shell Completes Sale of Two Nigeria Oil Blocks

Source: Reuters 11/13/2011, Location: Africa

Nigeria's state-oil company NNPC said on Sunday that two local firms had completed the purchase of 45 percent stakes in two onshore oil blocks, previously owned by Shell, Total and Eni.

First Hydrocarbon Nigeria, owned by Afren, bought a 45 pct stake in OML 26, NNPC said in a statement. A consortium led by local firm Nestoil is buying the 45 pct stake in OML 42, the state-run firm said.

Acquisitions and Divestitures News in Nigeria >>

Nigeria >>  6/4/2020 - Canadian Overseas Petroleum Limited, an international oil and gas exploration and development company focused on offshore Africa is pleased to announc...
Australia >>  6/3/2020 - Shell plc is considering a sale of a 26.25% interest in the Queensland Curtis LNG (QCLNG) Common Facilities – a multibillion dollar investment opportu...

Brazil >>  6/1/2020 - Petrobras, following up on the release disclosed on 05/04/2020, announces the beginning of the non-binding phase regarding the sale of its stake (35...
Brazil >>  6/1/2020 - Petrobras has started the opportunity disclosure stage (teaser), regarding the sale of a part of its interest in the exploratory blocks belonging to t...

Norway >>  6/1/2020 - Unless otherwise defined, capitalised terms in this announcement shall have the same meaning given to them on the Company’s press release dated 25 Mar...
Algeria >>  5/30/2020 - SONATRACH announces the completion of a transaction to acquire 19.10% of the shares held by the Spanish company CEPSA Holding in the Company Medgaz. W...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Nigeria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |

Oil & Gas Projects in Nigeria >>

More News

Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.