spdc

  1. Shell's Exit From Nigeria  Completed in final $2.5 Billion Deal With Nigerian Consortium

    Nigeria Shell's Exit From Nigeria Completed in final $2.5 Billion Deal With Nigerian Consortium

    Shell Plc has sealed a deal to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), for $2.4 billion to Renaissance, a consortium of five companies. The completion is pending Nigerian government approval. The transaction is structured to...
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    Business Rivers State Kicks as SPDC Proposes to Move Headquarters to Lagos

    ‎The Rivers state government has petitioned the senate over the decision of Shell Petroleum Development Company of Nigeria (SPDC) to relocate its headquarters to Lagos state. Rivers State Attorney-general brought a petition through Rivers Senator George Sekibo to the upper legislative...
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