A Nigerian High Court has affirmed the enforcement of the sale of interests in the Shell Joint Venture, JV, assets in Kidney Island and specified interests in a lucrative oil bloc named; ‘Oil Mining Lease 11’ to the country’s Rivers State Government. The Shell Petroleum Development Company (SPDC), which confirmed this in a statement to Platforms Africa, maintained that it had swiftly filed an appeal and an application for a stay of execution against the judgment issued by the Rivers State Highest Court on 13 August 2020, on oil asset,…
Read MoreShell kicks as Nigerian Court Orders Sale of Stakes in lucrative oil bloc
