Business Legal challenges delay Chevron's $1 bln Nigeria oil block sales - Reuters

curator

Administrator
ABUJA, Jan 13 (Reuters) - Chevron faces delays in closing sales of oil blocks in Nigeria worth up to $1 billion because of legal disputes involving potential buyers, industry sources say, highlighting a risk other oil majors could face.

Chevron is joining competitors ConocoPhillips, Royal Dutch Shell, France's Total and Italy's Eni in disposing of stakes in onshore and shallow water offshore fields in the Niger Delta region.

Click here to read more

Source: Reuters

chevron-nigeria.jpg
 
Back
Top