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.
FG approves ExxonMobil-Seplat divestment, declines Shell-Renaissance deal
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has approved the divestment of four international oil companies (IOCs).
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 Niger Delta to Renaissance for $2.4 billion. This decision was announced by the CEO of the Nigerian Upstream Petroleum Regulatory Commission during an event in Abuja.
FG approves ExxonMobil’s $1.28 billion asset sale to Seplat after two-year delay
The federal government has approved the sale of ExxonMobil’s onshore assets to Seplat Energy, more than two years after the
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.
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.
TheCable3h
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 ...
The Punch Newspapers10h
FG plans additional 1mbpd oil production in 24 months
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has announced plans to significantly ...
Premium Times23h
Nigerian regulator approves four major oil divestments, rejects one
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, ...
Nigeria approves Exxon-Seplat deal after more than two years
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy, the chief executive officer of the ...
devdiscourse10h
Seplat Energy Secures Exxon Mobil’s Onshore Assets
Nigeria has approved Seplat Energy's purchase of Exxon Mobil's onshore assets, a deal worth $1.28 billion. The sale, ...