OML 118: Shell and NAE acquire 12.5% stake from TotalEnergies with NUPRC approval

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a Sales Purchase Agreement (SPA) by TotalEnergies Exploration and Production Nigeria Limited to divest its entire 12.5% contractor interest in Oil Mining Lease (OML) 118 The agency made this known in a statement on Thursday posted on X (formerly Twitter). According to the statement, the interest […]

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