A Royal Dutch Shell-led consortium is close to selling several Nigerian oilfields for about $5bn to domestic buyers, as foreign companies retreat from sub-Saharan Africa’s oldest oil industry. The price tag for the four oilfields and a key pipeline

Source: www.ft.com

Quitting on easy oil means there is uneasiness underlying the sale.

See on Scoop.itOil and Gas Development in Lebanon and East Mediterranean


Discover more from Cornellian Perspectives

Subscribe to get the latest posts sent to your email.

Leave a comment

Trending

Discover more from Cornellian Perspectives

Subscribe now to keep reading and get access to the full archive.

Continue reading