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TNOG Oil and Gas Limited

Company Summary

Operational Regions

  • Africa

Recent news

  • 2/4/2021 - Shell Closed on the Sale... (subscriber access)

Company Transactions

Date: 1/31/2021
Type: Acquisition

SELLERS:
  • Shell plc.
  • DETAILS:

    COST: 533 $MM

    NOTES:
    Shell closed on the sale of its 30% interest in Oil Mining Lease 17 of the Eastern Niger Delta during January 2021. They sold the position to TNOG Oil and Gas Limited for $533 million, of which $453 million was paid upon closing with the rest to follow over a set period.
    REGIONS:
  • Africa