NUPRC Approves $510m Totalenergies Divestment To Shell, Agip

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a $510 million transaction that will see TotalEnergies Exploration and Production Nigeria Limited divest its 12.5 per cent contractor interest in Oil Mining Lease (OML) 118 to Shell Nigeria Exploration and Production Company (SNEPCo) and Nigerian Agip Exploration Limited (NAE). The approval, granted yesterday in Abuja, … Continue reading NUPRC Approves $510m Totalenergies Divestment To Shell, Agip