Shell sells Nigerian onshore oil fields

Royal Dutch Shell said on Wednesday it had reached deals on some of the four Nigerian oil fields it offered for sale as it pushed ahead with divesting global assets to cut costs.

Shell last year put up for sale its 30 per cent shares in four oil blocks in the Niger Delta – Oil Mining Licences 18, 24, 25, 29 – as well as a major pipeline, the Nembe Creek Trunk Line. Read more