Nigeria: Shell to Sell Four More Oil Fields in Nigeria

27 August 2014

SHELL Petroleum Development Company (SPDC) has concluded plans to sell four of its oil fields in Nigeria, as part its $15 billion global divestment plan.

The multinational oil firm confirmed the sale process through a spokesman at its headquarter at the Hague, saying: "We have signed sales and purchase agreements for some of the Oil Mining Leases, but not all that we are seeking to divest,"

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