Deal Insight
Shell and Total and Eni sell combined 45% of OML 17 in Nigeria for US$803 million
Report summary
On 15 January 2021, Shell, Total & Eni completed the sale of their combined 45% interest in OML 17 to Trans Niger Oil and Gas Limited (TNOG), a related company of Heirs Holdings Limited and Transnational Corporation of Nigeria Plc (Transcorp), for a consideration of $803 million. A total of $678 million was paid at completion with the balance of $125 million to be paid over an agreed period. NNPC, the JV partner on OML 17 will retain its non-operated 55% interest. Schlumberger will be ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Shell, Total and Eni
- TNOG Oil & Gas
- Oil & gas pricing and assumptions
Tables and charts
This report includes 6 images and tables including:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Insight
Class of 2024: benchmarking this year's upstream FIDs
We benchmark the major oil and gas projects seeking FID in 2024 on economic and emission metrics.
$6,750
Insight
Middle East and North Africa Upstream: 2023 in review
Recap of the key Middle East and North Africa upstream trends and themes in 2023.
$1,350
Asset Report
Nigeria LNG (NLNG) - NLNG Base Commercial Overview
NLNG Base is a two train LNG plant, which was the first to export LNG from Nigeria in 1999.
$2,250
