Transcorp

SPDC has announced the completion of the sale of its stake in OML 17 to local Transcorp-affiliate TNOG for $533mn.

E&P

Shell sells OML 17 stake for $533mn

15/01/2021

Shell Petroleum Development Co. (SPDC) has sold its 30% stake in OML 17 to TNOG Oil and Gas, for $533 million.

Transcorp has bought the Afam power plant, in Rivers State of Nigeria, effectively doubling the company's generation capacity.

E&P

Transcorp buys Afam power

06/11/2020

Transcorp has bought the Afam power plant in Rivers State, with capacity of 966 MW.