18 December 2023
18 December 2023
Russian oil company Rosneft owns a 54.17% stake in the refinery and Italian energy company Eni owns the remaining 8.33%.
The production sharing contracts (PSCs) were signed for blocks 63, 64 and 65, which were awarded as part of the bid round held between November 2022 and May 2023.
US-based oil and gas company ExxonMobil is selling its 70.68% stake in the terminal.
Quantum Energy Partners’ portfolio company Rockcliff is engaged in developing assets in the Haynesville shale in East Texas.
The Interconnector between the two nations will be used to transport hydrogen.
The alliance will focus on enhancing the operational performance of the energy company.
Amid uncertainties regarding foreign investment in Nigeria, Shell has taken the opportunity to invest $5bn in the country’s offshore oil production.
The offshore area in question is called Plataforma Deltana. It is divided into five blocks and extends into the waters of Trinidad and Tobago.
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