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Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG - Business (3) - Nairaland

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Totalenergies To Exit Nigerian Onshore Oil Business / Chevron, Total, Shell Others To Divest $27 Billion Assets / Forte Oil Plc: Decent Q1’18 Numbers, Plans To Divest Subsidiaries (2) (3) (4)

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Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by franktech(m): 5:19pm On May 19, 2021
Mpanyi:
A really Oyibo company will not tell you all the truth. There is more to this. Is it switch to renewable energy? Is it oil reserve drying up? Is it the country's component parts going their separate ways in the nearest future, with resultant anarchy? Even if it's not these, it seems there is something they are not telling us.
we share exactly same thought. Something is wrong somewhere in the background
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by venabili: 5:21pm On May 19, 2021
codemaniacs:




oil spills in Nigeria can be caused by any one from any part of the country... its up to the indigenes to arrest and prosecute vandals... another problem is the oil company is owned by foreigners and not any of the indigenes..

indigenes will have more passion to improve the infrastructure of the communities.

I beg to differ. If indigenes develop their community, nigeria would have been a better place today. Of course you can point me in the direction of any major projects done by a local owned business.
And not like desmond own o

Quite frankly, if local players move in, the business will be rife with corruption and mismanagement. Additionally, the communities will not get any more judgement pay since we know rich nigerians know their way around court cases. And when penalized, they simply refuse to pay...

1 Like 1 Share

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by ProfAmaben(m): 5:23pm On May 19, 2021
Frontail:
... Hypopocrcy ! Simple tongue tongue tongue

tongue

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by Nobody: 5:33pm On May 19, 2021
ProfAmaben:


tongue
... I thought I was having an online conversation with a human being , opsss I didn't know that it is an grin grin grin

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by ProfAmaben(m): 5:34pm On May 19, 2021
Frontail:
... I thought I was having an online conversation with a human being , opsss I didn't know that it is an grin grin grin

.

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by Nobody: 5:36pm On May 19, 2021
ProfAmaben:


.
... Confirmed.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by codemaniacs: 5:41pm On May 19, 2021
venabili:


I beg to differ. If indigenes develop their community, nigeria would have been a better place today. Of course you can point me in the direction of any major projects done by a local owned business.
And not like desmond own o

Quite frankly, if local players move in, the business will be rife with corruption and mismanagement. Additionally, the communities will not get any more judgement pay since we know rich nigerians know their way around court cases. And when penalized, they simply refuse to pay...

people like desmond are inconsiderate and elitist.. he just wants to do something so that people won't say he didn't do anything... I can't even say will he have done better if he had more funds...

you have a negative mentality concerning Nigerian enterpreneurs so I doubt you're a Nigerian. if indigenes move in , the business will be successful and if its not successful the community will have improved because indigenes will want to impress the community.

how can you judge and conclude what indigenes will do when they haven't be given a chance.. I mean university educated indigenes and not the likes of t:ompolo, as:ari d:okubo e.t.c.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by jeliliadedoja1: 5:57pm On May 19, 2021
This is wise choice to divest otherwise when the ownership change it will amount to outright loss. Expect more and more of this scenario to come it is high time the rightful owners take charge of their destiny.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by SmartPolician: 6:19pm On May 19, 2021
EdiskyHarry:
Rubbish.
They will destroy the whole vegetation of Niger delta through oil activities, use the money to enrich the northern part of Nigeria to fund their Islamic terrorist groups .

You are saying a different thing.
Shell has no business with your Islamic terrorism; blame the NNPC/federal government.
Shell is an Anglo-Dutch E&P company.
BTW, Niger Delta people always burst their pipelines to steal their oil.
When there's oil spill from that criminal activity, the same community will turn around to blame it on the company.
That's why they are selling off their onshore stakes.
ND people vandalize their pipelines on land.
If you haven't lived with those people, you won't know the "headache" they put the IOCs through.
In fact, in Rivers, Delta and Bayelsa, people are making lots of money from pipeline vandalism.

2 Likes 1 Share

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by chaloskyx: 6:27pm On May 19, 2021
THIS ONE NA REAL USE AND DUMP NIGERIA SORRY BUT YOUR OIL IS NOW WORTHLESS THE WORLD HAS TRANSITIONED TO CLEANER MEANS OF ENERGY AND LEFT YOU BEHIND ITS REASON WHY THEY HAVE NOW ALLOWED YOU TO FINALLY BUILD YOUR REFINERIES WHICH WOULD BECOME WORTHLESS IN THE LONG RUN AS THE ONLY PEOPLE WHO WOULD BE MAKING USE OF CRUDE OIL IS NIGERIANS OF WHICH THE UN AND ENVIRONMENTAL BODIES WOULD STILL TAX US HEAVILY FOR ENVIRONMENTAL POLLUTION.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by venabili: 6:46pm On May 19, 2021
codemaniacs:


people like desmond are inconsiderate and elitist.. he just wants to do something so that people won't say he didn't do anything... I can't even say will he have done better if he had more funds...

you have a negative mentality concerning Nigerian enterpreneurs so I doubt you're a Nigerian. if indigenes move in , the business will be successful and if its not successful the community will have improved because indigenes will want to impress the community.

how can you judge and conclude what indigenes will do when they haven't be given a chance.. I mean university educated indigenes and not the likes of t:ompolo, as:ari d:okubo e.t.c.

I am actually a Nigerian.
Now we both "know" if indigenes do move in, it wont be well educated nigerians but "the others" who will likely be acting as a front for Nigerian politicians.

Secondly, Nigerians are now running the power sector. Quite a few of them are actually well educated. Will you consider the last 7 years of their efforts a success? If not, what makes you think they will do better in a highly demanding business like Oil Exploration and Production?

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Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by GerogeI(m): 6:47pm On May 19, 2021
It does not matter.
Shell will still be legally responsible for all already happened spills for next 50 years or more whether they own the assets or not, and they know that.

So the truth,
Shell has probably gotten advance Intel from UK MI5 on likelihood of total collapse in Nigeria.

The real gist is that @Real Donald Trump already demanded the desolution, but UK asked for 8 years to divest. Dear Joe is not against the idea either. But from look of things

Some change in strategy is advancing things quickly, so to be on safe side, Shell has done its world famous scenario planning, and decided to move faster than 8 years. Better get something than end up with zero due to Nationalisation.

Only a fool will buy under Nigeria Govt. Oil and gas assets they will not own, new country. But am sure the Wale Tinubus, Emeka Offors, and Peter's will rush to buy, then later start to cry.

1 Like

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by codemaniacs: 6:58pm On May 19, 2021
venabili:


I am actually a Nigerian.
Now we both "know" if indigenes do move in, it wont be well educated nigerians but "the others" who will likely be acting as a front for Nigerian politicians.

Secondly, Nigerians are now running the power sector. Quite a few of them are actually well educated. Will you consider the last 7 years of their efforts a success? If not, what makes you think they will do better in a highly demanding business like Oil Exploration and Production?

power sector is a part of the economy that requires the use of gas from eastern Nigeria and FG has not invested in gas from eastern Nigeria until recently in the ajaokuta kaduna kano gas pipeline...

one thing you must understand about Nigeria and I don't understand why the southern politicians act dumb and dull is that until a northern Nigerian starts the business no other person can go into it or until northern nigeria get 24hr power then no other part of Nigeria can get 24hrs power..

Once dangote refinery is complete and other refineries in the niger delta are completed that's when you'll see improvement..

there are already indigenous companies doing exploration, in fact, if not for the civil war and colonialism foreign companies like sh:ell should never be in Nigeria sending profits back to the U:K and h:olland...

in summary
As long as its owned by indigenes then the profits stays in that state and from those profits will come social responsibilities to that community...

right now, sh:ell's social responsibility is to the U:k and H:olland...
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by engrchykae(m): 7:04pm On May 19, 2021
Simplyleo:


Don't get it twisted.

The topic is about crude oil in ND, not the palm oil in the SE. cheesy
palm oil is more valuable than crude oil.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by Yansham: 7:13pm On May 19, 2021
The smart indigenous oil companies will see this development as an opportunity.

It is high time we started taking charge of our resources and seek energy independence by building a truly indigenous integrated energy company.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by Nobody: 7:24pm On May 19, 2021
Mpanyi:
A really Oyibo company will not tell you all the truth. There is more to this. Is it switch to renewable energy? Is it oil reserve drying up? Is it the country's component parts going their separate ways in the nearest future, with resultant anarchy? Even if it's not these, it seems there is something they are not telling us.
shell is selling off its onshore oil assets but investing heavily in its gas distribution network from ph-aba- ogun.
The play a smart game, besides vandalising a gas pipeline will most times lead to accidents so it's mostly safe

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Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by Nobody: 7:35pm On May 19, 2021
Who wants to bet, the Chinese will snap up those stakes in a heartbeat. That's how they secure all the fraudulent borrow-to-steal loans Fashola & Amechi have taken from them.

China don't want to hear any shīt about oil spills, gas flares or environmental degradation, they are just going to suck out the oil and let nature deal with the side effects however she can. Niger Delta is in for a long ride into the very depths of hell.

2 Likes 1 Share

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by OBUA12345: 8:08pm On May 19, 2021
shell d worst company so far, even d community are tired of u guys, greedy, selfish, confuse company. come and remove ur pips in my land.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by nobilie: 8:09pm On May 19, 2021
Mpanyi:
A really Oyibo company will not tell you all the truth. There is more to this. Is it switch to renewable energy? Is it oil reserve drying up? Is it the country's component parts going their separate ways in the nearest future, with resultant anarchy? Even if it's not these, it seems there is something they are not telling us.
You missed out another part, is it that this Fulani govt is forcing them to sell their oil well to them by not renewing their licences?
All oil companies are selling off their oil wells.

1 Like

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by sylve11: 9:24pm On May 19, 2021
Mpanyi:
A really Oyibo company will not tell you all the truth. There is more to this. Is it switch to renewable energy? Is it oil reserve drying up? Is it the country's component parts going their separate ways in the nearest future, with resultant anarchy? Even if it's not these, it seems there is something they are not telling us.


Fact! cool
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by sylve11: 9:29pm On May 19, 2021
chloride6:
Lol FG no go gree..

Who do want to sell it to?

Once chance local operators that don't have safety record and operational expertise?

So that they will be hearing story end of month?

Thanks but not thanks


Correct.

NPDC as case study. cool

1 Like 1 Share

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by sylve11: 9:36pm On May 19, 2021
ednut1:
They will sell the stakes but retain the pipelines to the terminals. Make una just come clean jare lol

That's how they have been doing it. cool
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by sylve11: 9:38pm On May 19, 2021
JohnBullMySon:
Offshore fields belong to no state. It is known as Nigerian waters. Nobody lives there, abi them dey born anybody for sea grin?

Majority of the oil spills are caused by the Niger Delta idiots breaking piplines. Even the Niger Delta people are wicked to themselves, some of the guys behind militancy and oil theft struck lucrative deals with Shell, How much did they give their people? When a Nigerian is crying corruption, it's because he's not the one commiting it. Shell is going, now who will pump the oil for the thiefs?


You seem to know know much about SPDC and the bunkers .hmmmm cool
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by sylve11: 9:44pm On May 19, 2021
SmartPolician:


You are saying a different thing.
Shell has no business with your Islamic terrorism; blame the NNPC/federal government.
Shell is an Anglo-Dutch E&P company.
BTW, Niger Delta people always burst their pipelines to steal their oil.
When there's oil spill from that criminal activity, the same community will turn around to blame it on the company.
That's why they are selling off their onshore stakes.
ND people vandalize their pipelines on land.
If you haven't lived such people, you won't know the "headache" they put the IOCs through.
In fact, in Rivers, Delta and Bayelsa, people are making lots of money from pipeline vandalism.


Loud it. They will just behind their keyboards and type whatever they like.

cool
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by blueAgent(m): 10:33pm On May 19, 2021
YOU are on point.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by blueAgent(m): 10:34pm On May 19, 2021
chloride6:
Lol FG no go gree..

Who do want to sell it to?

Once chance local operators that don't have safety record and operational expertise?

So that they will be hearing story end of month?

Thanks but not thanks


True, and this locals know how to exploit their staffs, am telling from experience.

Blacks are their own worst enemies.

1 Like

Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by blueAgent(m): 10:36pm On May 19, 2021
Edibless07:
The main problem is that the are supprise to still see the Niger Delta region still under developed dispite the oil beeing pump out on daily basis.

Only in black ruled countries you will see that.
Look at deserts like Dubai,Abu Dhabi,Kuwait, Saudi,Qatar and compare them to Equitorial Guenia, Nigeria and Gabon.
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by blueAgent(m): 10:38pm On May 19, 2021
Frontail:
... Meanwhile .... Hypocritically forgotten to attached this to your post tongue

US na your mate?
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by blueAgent(m): 10:41pm On May 19, 2021
ProfAmaben:


America is 900 times richer than the Netherlands and Nigeria combined. Their president can use spacecrafts if he so wishes.

Na wah fir you, you dey Learn work?

California alone has an Economy almost equivalent to that of the entire African continent .
Re: Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG by Nobody: 10:42pm On May 19, 2021
blueAgent:


US na your mate?
... Yes ! cool cool cool

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