Monday, January 17, 2011

Shell to auction 4 more onshore oil blocks in Nigeria

http://www.ibtimes.com/articles/100712/20110113/shell-nigeria-onshore-oil-blocks-auction.htm

Shell is putting up four Nigerian onshore oil blocks for auction as the oil major focuses on transferring some assets in Nigeria to local companies, Platts reported on Thursday, quoting sources close to the process.

Shell to auction 4 more onshore oil blocks in Nigeria

REUTERS
Shell is putting up four Nigerian onshore oil blocks for auction as the oil major focuses on transferring some assets in Nigeria to local companies, Platts reported on Thursday, quoting sources close to the process.

Bids for the four blocks closed on Wednesday and Shell could announce the potential buyers next week.

Nigerian onshore blocks are largely prone to militant attacks, and Shell had sold its 30 percent interest in three oil mining leases in the western Niger Delta, to Seplat Petroleum last year, a Platts release said.

Platts said Shell declined to comment while officials of the bidding companies involved said they were unable to comment because of the confidentiality clause in the negotiations.

According to Platts, local industry analysts have linked the Shell divestment to uncertainty surrounding Nigeria's new petroleum law.

1 comment:

  1. Subject: RUMOUR OF PURCHASE OF SHELL EDJEBA HOUSING ESTATE WARRI DELTA STATE NIGERIA:


    The Chiefs and Elders Council of Edjeba Community onbehalve of ourselves and the entire Edjeba write to inform your organisation that the sales of Shell Edjeba Housing Estate is fraudulent and hence it is sheilded in secrecy . It is pertinennt to inform you that Shell do not have deed of conveyance to the land they biult upon rather the land was acquired with oil mineral act of 1963 for public purpose which realise was fraud. We advice you dialogue with Community before such auction. better still you can sell the houses and move them from our land so that the owners in Edjeba Community can have what rightfully belongs to them. To be before warned is to before armed. We expect your responce within 7days.

    Regards

    Chief Michael Ikpuri (JP)
    The Unur'ovwodo of Edjeba Community.
    Agbarha Kingdom Warri.
    Warri South L/Govt. Delta State.


    ADDRESS: No 53 Edjeba Road Edjeba,Warri.
    GSM: 08022778181
    08072385770

    ReplyDelete