Shell unloads Nigeria assets
The Hague, Netherlands (UPI) Mar 20, 2015 - Royal Dutch Shell said Friday it completed the sale of its stake in a Nigerian oil field for $737 million as part of a strategic review of onshore assets there. The company sold its 30 percent stake in oil mining lease 30 to Eroton Exploration & Production Co. Eroton took on in additional stake in the area from subsidiaries of Total and Eni. "This divestment is part of the strate ... more
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