Inform

Shell, Total and Eni agree sale of four Nigerian blocks and pipeline for US$5.16 billion

This report is currently unavailable

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

27 October 2014

Shell, Total and Eni agree sale of four Nigerian blocks and pipeline for US$5.16 billion

Report summary

Shell has signed sale and purchase agreements for OMLs 18, 24, 25, 29 and the Nembe Creek Trunk Line.  Shell, Total and Eni are selling their combined 45% stake.  Total consideration is reported locally as US$5.16 billion.  Despite the huge remaining reserves, we expect the buyers will extract only a fraction of what is left.  The deals are still to be completed.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Shell, Total and Eni agree sale of four Nigerian blocks and pipeline for US$ 5.16 billion

    PDF 1.00 MB