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Shell Mulls Divestment Of $1.3Bn Assets From Nigeria’s Onshore

Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a local consortium for over $1.3 billion, pending government approval. The purchasing consortium which the pact was sealed with comprised Renaissance, ND Western, Aradel Energy, First E&P, Waltersmith, and Petrolin. The company’s Integrated Gas and Upstream Director, Zoe Yujnovich, confirmed this […]

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TotalEnergies Plans Oil Exploration Offshore South Africa

TotalEnergies SE is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity. The French explorer proposes to drill one well, which could result in an additional nine wells depending on the success of the first, SLR Consulting Ltd., which is doing the environmental assessment, said on […]