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January 15th, 2021:

The Shell Petroleum Development Company of Nigeria Limited completes sale of interest in Oil Mining Lease 17 in Nigeria

The Shell Petroleum Development Company of Nigeria Limited completes sale of interest in Oil Mining Lease 17 in Nigeria

Jan 15, 2021

The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas Limited, a related company of Heirs Holdings Limited and Transnational Corporation of Nigeria Plc (Transcorp), for a consideration of $533m. A total of $453m was paid at completion with the balance to be paid over an agreed period. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Bank assets targeted over Shell’s $479m Nigerian debt

Bank assets targeted over Shell’s $479m Nigerian debt

15 JAN 2021

Nigerian authorities moved to seize assets belonging to one of the nation’s largest banks to recoup damages owed by Royal Dutch Shell Plc to a local community over a decades-long dispute.

Nigerian authorities moved to seize assets belonging to one of the nations largest banks to recoup damages owed by Royal Dutch Shell Plc to a local community over a decades-long dispute.

Federal court officials and police visited First Bank of Nigeria Ltd’s main branch in the southern oil hub of Port Harcourt on Jan. 12 to enforce an order … read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Malaysia to cut 250-300 upstream jobs

Shell Malaysia to cut 250-300 upstream jobs

Published date: 15 January 2021

Shell will cut 250-300 jobs from its upstream operations in Malaysia over the next two years, or around 2pc of the current workforce, calling it a necessary change to ensure it is “in a strong position to capture opportunities in the energy transition”.

Shell announced in September plans to cut 7,000-9,000 jobs over the next two years as part of a structural reorganisation to shift towards a low-carbon future. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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