Shell concludes onshore sale


Issue 207 - 16 Apr 2011 | 1 minute read

Shell, Total and Agip have sold their stake in the onshore OML 40 Block to Elcrest Exploration & Production Nigeria, a consortium of local company Starcrest Nigeria Energy (owned by Nigerian business mogul Emeka Offor’s Chrome Group) and the UK-based Eland Oil and Gas.

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