In recent years, international oil companies (IOCs) have been divesting from Nigeria’s oil sector, particularly in the onshore and shallow …
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NNPC Clarifies Role in Divestment of Foreign Oil Companies in Nigeria
The Nigerian National Petroleum Company (NNPC) Limited has recently clarified its role in the divestment of international oil companies (IOCs) …
Read More »IOCs Not Leaving Nigeria – Minister Lokpobiri Assures Stable Investment Climate
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has assured that International Oil Companies (IOCs) are not divesting from …
Read More »Shell Agrees to Sell Nigerian Onshore Subsidiary, SPDC for $2.4bn
Shell has announced its decision to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), …
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