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Shell to Sell Nigerian Onshore Assets to Consortium: African Energy Chamber ) Calls for ...

British multinational oil and gas company Shell has decided to sell The Shell Petroleum Development Company of Nigeria Limited (SPDC) –. ....

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Shell Company Exits Oil Exploration In Nigeria, Announces Sale Of Subsidiary To Local Firm At $1.3billion

The Renaissance Africa Energy has reached a groundbreaking agreement with Shell to acquire its entire shareholding in The Shell Petroleum Development Company of Nigeria Limited (SPDC). Renaissance is a consortium consisting of ND Western Limited, Aradel Holdings Plc, the Petrolin Group, FIRST Exploration and Petroleum Development Company Limited, and the Waltersmith Group. Shell shared a post confirming the acquisition which is subject to approval by the Nigerian authorities. ....

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Aradel Holdings Plc acquires stake in Shell Petroleum Development

This acquisition marks a significant milestone for Aradel, which will bring enormous benefits to its shareholders. ....

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