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Nigeria blocks Shell's asset sale in Niger Delta
ExxonMobil's $1.28B Asset Sale to Seplat Gets Nigeria's Approval
Nigeria approves XOM's $1.28 billion sale of onshore assets to Seplat Energy, ending over two years of regulatory delays and marking a shift toward offshore investments.
Nigeria approves Exxon-Seplat deal, blocks Shell sale
Nigeria's regulatory authorities have approved the sale of ExxonMobil's assets to Seplat Energy while halting Shell's planned divestment of its onshore and shallow-water operations, reported Reuters.
Divestment: We look forward to concluding oil assets sale to Seplat — ExxonMobil
ExxonMobil said it looks forward to concluding the sale of Mobil Producing Nigeria Unlimited shares for $1.28 billion to Seplat Energy Plc.
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 country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.
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 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.
Nigeria approves Exxon-Seplat $1.28 billion deal, oil regulator says
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy, the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.
Shell's Onshore Oil Field Sale Worth $1.3B in Nigeria Suffers Setback
Shell plc’sSHEL deal to sell its onshore Nigerian subsidiary, Shell Petroleum Development Company Ltd ("SPDC"), for $1.3 billion has suffered a setback, with the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC") stating that the future buyer lacked the required qualifications to manage the assets.
Black Star News
3h
Nigeria Agrees To Exxon Oil Deal. Declines Shell Offer
YouTube Screenshots Nigeria has agreed to allow US oil giant Exxon to complete a $1.28 billion sale of some of its onshore ...
LEADERSHIP Newspaper
13h
As $1.3bn ExxonMobil-Seplat, 3 Other Divestments Get Approvals
The federal government has announced the approval of ExxonMobil's $1.28 billion divestment of its oil and gas assets to ...
Okay Nigeria
11h
Seplat Energy Receives Approval to Acquire Mobil Producing Nigeria Unlimited
Leading Nigerian energy company Seplat Energy Plc has announced that it has received official approval from the Nigerian ...
devdiscourse
1d
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, ...
1d
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 ...
Seeking Alpha on MSN
1d
Nigeria approves Exxon asset sale to Seplat after more than two years
Nigeria
's government has approved the sale of Exxon Mobil's (NYSE:XOM) onshore assets to
Seplat
Energy, Reuters reported ...
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