The pipeline shutdown was due to the bombing incident that occurred in February 2016 by militant’s attacks. Prior to the attacks, Trans Forcados used to produce between 200,000b/d and 240,000b/d.
Shell finalized the selling of its 20% shareholding in Vivo Energy Holding B.V. for a total amount of $250m. The selling comes in line with Shell's plan to focus on downstream activity in areas where it can be most c ...
Royal Dutch Shell Plc has agreed to sell its onshore oil assets in Gabon to a unit of Carlyle Group LP for $587m. The deal is considered a further step in a $30b asset disposal program to help the Dutch company in re ...
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Shell Country Chairman, Gasser Hanter, to discuss the company's plans for Egypt.
Saudi Aramco finalized the execution of definitive agreements with Royal Dutch Shell plc to separate and transfer the assets, liabilities and businesses of the Motiva Enterprises LLC joint venture (JV).