First steel was cut this week at COOEC’s Tianjin yard, marking a significant milestone in the project’s execution. The ...

Shell Petroleum Development Company of Nigeria (SPDC), to Renaissance, a Nigerian-led consortium. This $1.3 billion transaction, previously held back by regulators, is part of Shell’s broader ...

the landmark share sale deal transfers Shell’s 30 per cent stake in 18 Oil Mining Leases within the SPDC Joint Venture to indigenous ownership, marking a new era for Nigeria’s upstream sector.

Shell Petroleum Development Company of Nigeria Limited, SPDC, has been renamed to Renaissance Africa Energy Company Limited after 46 years of operation in Nigeria. The development comes after ...

Shell plc SHEL has completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria (SPDC), to Renaissance, a Nigerian-led consortium. This $1.3 billion ...

Shell has wrapped up the $2.4 billion sale of its main Nigerian onshore business to a consortium of largely indigenous ...

The chairman of Shell Companies in Nigeria and managing director, Shell Petroleum Development of Nigeria Ltd (SPDC) Osagie Okunbor, said its key oil and gas projects, upon their completion ...

Renaissance Africa Energy Holdings announced that it has successfully completed the acquisition of the entire equity holding in the Shell Petroleum Development Company of Nigeria (SPDC).