Tuesday, 16 June 2015

SHELL, CHEVRON CONCLUDE SALE OF FOUR OIL BLOCKS

Shell, Chevron and their joint venture partners have finally concluded the sale of their stakes in Oil Mining Leases (OMLs) 71, 72, 83 and 85 to a Nigerian independent company – First Exploration & Petroleum Development Company Limited (First E&P) – after a year's delay arising from the lack of ministerial consent to seal the deals

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