After 88 years, Shell ends onshore operations in Nigeria
Shell Plc has received final approval from the Nigerian government through the petroleum minister for the $2.4 billion sale of its onshore and shallow-water...
Saipem secures $900 million Shell’s Bonga contract in Nigeria
Italian oil services giant Saipem, in partnership with KOA Oil & Gas and AVEON Offshore, has won a major offshore contract from Shell Nigeria...
Norwegian oil giant Equinor completes exit from Nigeria
Equinor ASA, Norway’s state-controlled energy company, has finalized the sale of its Nigerian assets, officially ending its over 30-year presence in the country.
The divestment,...
Nigerian govt rejects Shell’s $1.3 billion asset sale to Renaissance
Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to Renaissance Group, citing concerns over the buyer's qualifications to...
BUA Foods Plc to boost pasta production capacity by 400,000mtpa
BUA Foods Plc has announced a significant expansion of its pasta production capacity.
The company said it has signed an agreement with FAVA, an Italian...