Tag: Shell

Author | Legal Icon | Energy Expert

Shell in Talks with Nigerian Government Over Onshore Oil Fields in the Niger Delta

With issues such as its spill-prone operations that are not compatible with its plans to go green and to achieve net-zero carbon emissions by 2050, Anglo-Dutch company, Royal Dutch Shell...
Read More

Shell to Hand Over Tunisian Upstream Concessions by 2022

Oil and gas giant, Shell, has officially informed the Tunisian Ministry of Energy Transition of its decision to hand over the Miskar concession (Gabes) upon the license expiry in June...
Read More

Qatar Petroleum Partners with Shell in Deepwater Offshore Blocks in Namibia

Qatar's state-owned petroleum company, Qatar Petroleum, has agreed with Shell to become a partner in two (2) exploration blocks offshore the Republic of Namibia, subject to customary approvals. Per the...
Read More

Heirs Holdings Acquire Nigerian Oil Licence OML 17 Assets for $1.1 billion

Heirs Holdings, in partnership with its affiliated company, Transnational Corporation of Nigeria Plc ("Transcorp"), has announced the unconditional acquisition of a 45% participating interest in Nigeria oil license OML 17...
Read More

Kosmos Energy Completes Farm Down of African Assets to Shell

Kosmos Energy has announced the completion of its previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell PLC, for the farm down of...
Read More

LEKOIL Nigeria Publishes Interim Results for H1 2020

Nigerian Oil and Gas exploration and production company, Lekoil, has released its unaudited interim results for H1 2020 ended June 30th 2020. The company restated its commitment to long term...
Read More

Shell Acquires 50% Interest in Transkei & Algoa Blocks Offshore South Africa

Impact Oil & Gas has announced that its wholly-owned subsidiary, Impact Africa, has agreed with a wholly-owned subsidiary of Royal Dutch Shell, BG International, for the farm-out of a 50%...
Read More

Shell Releases Q3 Report

Shell has announced a cash allocation framework that will enable it to reduce debt, increase distributions to shareholders, and allow for disciplined growth as it reshapes its business for the...
Read More

COVID19 – Shell to Cut a Possible 9,000 jobs by 2022

The Royal Dutch Shell has announced plans to cut 7,000 to 9,000 jobs in response to the fall in global oil demand caused by the coronavirus pandemic. This comes five...
Read More

Kosmos Energy Cuts Down Asset Portfolio in Africa for the Gulf of Mexico in a Deal with Shell

Kosmos Energy has agreed with a subsidiary of Royal Dutch Shell to farm down interests in a portfolio of frontier exploration assets for a fee worth up to $200 million....
Read More