Tag: Shell Petroleum Development Company (SPDC)

SPDC JV Partners Ink Landmark GSPA for $3.3bn Brass Project

ADEOLA YUSUF

. JV partners, comprising NNPC Ltd, Shell Petroleum Development Company (SPDC), TotalEnergies Ltd, and Eni, will supply 270MMscfd to BFPCL, the largest single GSPA to any domestic gas offtaker in Nigeria The Nigerian Government’s effort to boost the country’s gas sector has received a significant boost with the signing of a Gas Sales and Purchase Agreement (GSPA) for the Brass Fertilizer and Petrochemical project in Bayelsa State. Platforms Africa reports that this landmark agreement, supervised by the Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, paves the way…

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BREAKING: 100%: Renaissance Africa Energy Acquires Shell’s Asset In SPDC

ADEOLA YUSUF

“Completion of the transaction is subject to the requisite regulatory approvals,” full statement the consortium consisting of ND Western Limited, Aradel Holdings Plc. the Petrolin Group, FIRST Exploration and Petroleum Development Company Limited and the Waltersmith Group, issued. Renaissance Africa Energy has announced the acquisition of Shell’s entire shareholding in The Shell Petroleum Development Company of Nigeria Limited (SPDC). “We are pleased to announce the signing of a landmark transaction with Shell to acquire its entire shareholding in The Shell Petroleum Development Company of Nigeria Limited (SPDC),” the company told…

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NCDMB Partnering Shell, ExxonMobil, NAOC in Oil, Gas Parks – Wabote

ADEOLA YUSUF

Major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and Exxon Mobil Nigeria, and the Nigerian Agip Oil Company (NAOC) have made significant investments in support of the ongoing development of the Nigerian Oil and Gas Parks Scheme (NOGaPS), the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Kesiye Wabote has revealed. He stated this recently at the Nigerian Content Sensitization Programme for Law Enforcement Agencies, organised by the NCDMB in Yenagoa, Bayelsa State with a view to strengthening the existing collaboration with…

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Shell kicks as Nigerian Court Orders Sale of Stakes in lucrative oil bloc

Efe Wellington

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,…

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