Tag: Shell
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Shell Deepens African Energy Play with Strategic Farm-Out Deal
By Brandon Moss Lagos, Nigeria — In a bold move that signals renewed confidence in Africa’s offshore energy potential, Shell has struck a farm-out deal that expands its footprint in one of the continent’s most prolific deepwater assets. The UK-based energy giant has acquired TotalEnergies’ 12.5% stake in Nigeria’s Oil Mining Lease (OML) 118, home ...

