Oil giant, Shell Plc is reportedly set to resume the sale of some of its Nigerian oil fields.
According to Leadership the oil giant is said to be in negotiations with Eroton Exploration and Production Company Ltd. to offload some of its assets in Nigeria.
It said Shell has been in talks with Eroton Exploration and Production Company Ltd. since 2019 to sell some of its Nigerian oil fields.
The company is reportedly looking to offload some of its assets in the country as part of its strategy to focus on more profitable areas. The sale of the assets is expected to generate billions of dollars for Shell.