Shell Sells Stake In Nigerian Oil Block For $533m - 9jaflaver



Light Dark

WELCOME TO 9JAFLAVER

PREMIUM BEATS  |  NEWS  |  TRENDING/HOTTEST SONGS  |  SPORTS  |  CELEBRITY GIST  |  MIXTAPE  |  MOVIES  |  COMEDY VIDEOS  |  NIGERIAN MUSIC ARTISTES



SEARCH ANYTHING BELOW:-



Shell Sells Stake In Nigerian Oil Block For $533m




The Shell Petroleum Development Company of Nigeria Limited has announced the completion of the sale of its 30 per cent interest in Oil Mining Lease 17 in the Eastern Niger Delta and associated infrastructure to TNOG Oil and Gas Limited for a consideration of $533m.

The oil major said in a statement on Friday that the completion followed the receipt of all approvals from the relevant authorities of the Federal Government of Nigeria.

According to the statement, TNOG Oil and Gas is a related company of Heirs Holdings Limited and Transnational Corporation of Nigeria Plc.

“A total of $453m was paid at completion with the balance to be paid over an agreed period. SPDC will retain its interest in the Port Harcourt Industrial and Residential Areas, which fall within the lease area,” the SPDC said.

Source:- Punch ng



 Whatsapp  Twitter  Facebook




CLICK HERE TO COMMENT ON THIS POST
Promote Music, Video, Comedy Skit On 9jaflaver
Call: +2348173379226 Or +2348143945195

Whatsapp: +2349027283345













1 Comment

  1. Anonymous says:

    I wanted to work in shell company but I don’t have someone to sponsor, I mean to push me forward

Comment Below:-

Enter Name Below (Optional)

         
Enter Comment Below:-


       






© 2014-2021 9jaflaver. All Rights Reserved.

About us||Content Remova||Privacy Policy|Contact us

Advertis|Request For Music

9jaflaver is not responsible for the content of external sites.