Sources said that it has started discussing with buyers to sell some of its onshore and near offshore assets in Nigeria.Chevron is divesting itself from oil fields in Nigeria for the shale fields in New Mexico and Texas.
Sources told Reuters that it has started discussing with buyers to sell some of its onshore and near offshore assets in Nigeria.
Information on the firm’s website shows that it has a 40 per cent stake in eight offshore oil blocks with the Nigeria National Petroleum Corporation, which holds a 60 per cent stake in the fields.
The company, which is Nigeria’s third largest oil producer, was delivering 194,000 barrels per day, 233m cubic fit of natural gas daily and 6,000 barrels of liquefied petroleum gas as at 2018.
Chevron will not do tenders for any of the assets it intends to sell.
Reuters reports that the company joins Royal Dutch Shell and Exon Mobil in divesting itself of fossil fuel assets in the country.
Davido Reveals Why His Dad Once Arrested His Fans
Nigerian afrobeats superstar, David Adeleke, aka Davido, has recounted how his billionaire dad, Chief Adedeji Adeleke once arrested him, show promoters and fans who attended an event he was billed to perform.
Davido Reveals Why His Dad Once Arrested His Fans
He said his dad arrested everybody at the event because he absconded from school to do music against his father’s wishes.
The ‘Omo Baba Olowo’ crooner said the incident happened in the early days of his career.
He stated this on Friday night while making his UK debut on The lateish Show with Mo Gilligan on Channel4.
Davido said,
“I come from a family where it’s like, education, education, business…Overtime [my decision to do music] was like a beef.
“Any show he [my dad] hear I’m performing at, he sends the police. He arrests the fans, promoters. He has a camera watching where I go to.”
The singer performed his hit song ‘Unavailable’ on The lateish Show.
Best jam of the season Yommy K ft Oritshe Femi’s Home and Away short beat review…proudly Eelargebeats 🎶🎶🎶🎵🎵😍❤️
