Tag: Shell
Shell to Offload Nigeria Onshore Oil Business for $1.3 Billion
Shell Plc has reached an agreement to offload its Nigerian onshore oil business to a consortium of local companies, marking a significant milestone in the energy giant’s global operations. The transaction, valued at over $1.3 billion, represents a historic move for Shell. Pending government approval, the deal aligns with Shell’s strategic objective of disengaging from…