Asset Divestment

Renaissance completes acquisition of Shell’s $2.4 billion asset in Nigeria

By Ndubuisi Micheal Obineme Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum…

8 months ago

Divestment: FG Optimistic on Objections for Shell’s $1.3bn Asset Sale to Renaissance Resolved Soon

By Ndubuisi Micheal Obineme …as Olu Verheijen, the Special Adviser to the President on Energy expresses confidence in NUPRC’s resolution…

1 year ago

Seplat Energy Announces NUPRC Confirmation of Consent on MPNU Deal

Lagos and London, 22 October 2024: Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange and…

1 year ago

Nigerian Regulator rejects Shell’s $1.3bn asset sale to Renaissance – Report

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declined to approve Shell's proposed sale of its $1.3 billion onshore assets…

1 year ago

Divestment: Nigeria’s National Interest, Oil Assets Bidders Amidst Environment, Community Concerns

By Ibrahim Musa There are strong indications that environmental pollution, conflicts with host communities, community-based petitions, inability or unwillingness to…

1 year ago

Asset Divestment: TALP Recommends ‘Single Window Clearance System’ to Streamline Approval Process

By Ndubuisi Micheal Obineme Following the lingering approval process for asset divestments in Nigeria, Aderemi Ogunbanjo, the Energy and Natural…

1 year ago

Shell Not Leaving Nigeria, Our Deepwater, Gas Businesses Will Remain A Major Partner – Okunbor

By Ndubuisi Micheal Obineme Following the asset divestment of Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, a…

1 year ago

NNPC Limited, ExxonMobil Signs Settlement Agreement Over $1.28 billion Asset Divestment Deal

… as President Tinubu wade in, pushes for quick resolution on the approval of Exxon-Seplat asset deal. By Ndubuisi Micheal…

1 year ago

NUPRC Releases Regulatory Framework for Asset Divestment in Oil, Gas Sector

By Ndubuisi Micheal Obineme …Outlines terms and conditions on asset divestment following the decisions of IOCs to sell its Nigerian…

2 years ago