22 Oil ‘Thieves’, 2 Vessels Busted, Handed Over To EFCC

Two vessels, MT Platform and MV Caribbean Crest alongside a crew of 22 suspected oil thieves were on Tuesday, October 18, 2022 handed over to the Economic and Financial Crimes Commission, EFCC, for further investigation and possible prosecution by the Nigerian Navy. Commanding officer of the Nigerian Navy Forward Operating Base, Bonny, Rivers State, Lieutenant Commander MG Munza disclosed that the vessel, MV Caribbean Crest and her crew members were arrested on the 15th of February, 2022 at the Bonny Fairway Buoy with an unspecified quantity of stolen Petroleum Product…

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TotalEnergies Puts Up 16 Nigeria’s Oil Assets, Pipeline’s Stakes For Sale

Appoints Canada’s Scotiabank financial adviser for sale of assets including its 10 per cent stake in Nigerian joint venture with SPDC and NNPC French energy major, TotalEnergies has launched the sale of its 10 per cent stake in Nigerian joint venture Shell Petroleum Development Company, SPDC, with Canada’s Scotiabank leading the sale as financial adviser, a sale document tendering for interest showed. Though Scotiabank declined to comment on the exercise TotalEnergies earlier announced the sale in late April. READ ALSO: Shell Targets $3bn, Places More Assets For Sale Onshore Nigeria Chevron…

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