A leading international oil company, Shell, has agreed to sell its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited, SPDC, to Renaissance, a consortium of five ...

British oil and gas company Shell plc has entered into an agreement to sell the Nigerian subsidiary of Shell Petroleum Development Company of Nigeria Limited (SPDC) to the Renaissance consortium. this ...

In a statement posted on its website on Tuesday, Shell announced that it has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited ...

Shell to receive additional cash payments of up to $1.1 billion. Transaction will preserve the full range of SPDC’s operating capabilities. Get ahead of Wall Street reactions—Benzinga Pro delivers ...

Energy major Shell has agreed to sell its onshore subsidiary in Nigeria to a consortium of five companies for up to $2.4 billion. The British energy company has reached an agreement to sell its ...

The oil giant said it would maintain a role in overseeing the management of SPDC JV facilities. This ensures the uninterrupted supply of feed gas to Nigeria LNG, underlining Shell’s dedication to ...

The management of Shell Petroleum Development Company of Nigeria, SPDC, has disclosed that it does not have any formal report of its staff members or contractors involved in pipeline vandalism and ...

THE Tony Elumelu-led TNOG has acquired a 30 per cent interest in The Shell Petroleum Development Company of Nigeria Limited (SPDC), Oil Mining Lease (OML), 17 at the cost of $533 million, in the ...

Retired employees of Shell Nigeria celebrated a reunion at an annual golf tournament held in their honour by Shell ...

Shell Petroleum Development Company of Nigeria Limited (SPDC) announced the appointment of Basil Omiyi as its Managing Director with effect from September 1, 2004. Mr. Omiyi, 58, will be the first ...

A Dutch investigative TV programme alleged Shell profited from orchestrated oil spills. Pipeline pictured is from Nigerian Shell-owned Afam VI power plant, which isn’t alleged to have undertaken ...

Shell Plc said it has “reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited.” The SPDC is to be sold to Renaissance, a consortium of ...