SPDC denies $1.3bn onshore asset sale in Nigeria

The Shell Petroleum Development Company of Nigeria Limited, SPDC, has dismissed claims that it sold over $1.3 billion in onshore oil assets to Renaissance Consortium. A member of SPDC’s legal team, Global Litigation (Sub-Saharan Africa), Mr Kingsley Osuh, disclosed this in an affidavit in a suit numbered FHC/ABJ/CS/413/2024, dated May 24, 2024. The firm said [...]SPDC denies $1.3bn onshore asset sale in Nigeria

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