(IN BRIEF) Shell Nigeria Exploration and Production Company (SNEPCo) has agreed to acquire TotalEnergies EP Nigeria Limited’s 12.5% stake in the OML 118 Production Sharing Contract, increasing Shell’s interest in the offshore Nigerian field to 67.5%. The acquisition enhances Shell’s … Read the full press release →
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Bonga field, Bonga North, deep-water development, Esso Exploration, floating production storage and offloading, FPSO, liquids production, Nigerian Agip Exploration, Nigerian oil, NNPC, offshore oil, oil #exploration, oil production, OML 118, partnership, petroleum resources, Production Sharing Contract, Shell Nigeria, SNEPCo, sustainability, TotalEnergies
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