A group led by Aiteo Energy Resources (85% stake), including Tempo Energy Resources (10% WI) and Taleveras Energy Resources (5.0% WI) will pay US$2.7 billion for oil mining license 29 and its associated infrastructure. This is the largest prize being divested by a Shell Nigerian subsidiary that includes Total and Eni as partners.OML 29 is one of four Niger Delta blocks Shell Petroleum Development Co. put out on the market last year, with the......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.