Shell faces another legal battle stemming from Nigeria, with a court ordering banks to freeze company assets.
Shell Petroleum Development Co. (SPDC)
Shell has filed for arbitration against Nigeria over an ongoing dispute around oil spills.
Nigerian claimants complaining that Shell had a duty to tackle oil spills have won a case in the UK Supreme Court.
Shell Petroleum Development Co. (SPDC) has sold its 30% stake in OML 17 to TNOG Oil and Gas, for $533 million.
San Leon Energy has signed a deal with Decklar Petroleum to finance the development of the Oza marginal field, in Nigeria.
The governor of Rivers State has claimed victory over Shell’s local subsidiary at OML 11.
Seplat fell to a loss in the first half of the year as oil prices roughly halved, from $65.16 per barrel in the first half of 2019 to $35.94.
McDermott has won a large engineering and procurement contract for a 12,000 barrel per day refinery in Nigeria.
Shell is heading to the UK Supreme Court today for another hearing on oil leaks in the Niger Delta.
Three international oil companies have committed to building a COVID-19 treatment centre in the Bonny local government area (LGA).