Shell To Sell More Oil Assets In Nigeria - Politics (3)

Shell To Sell More Oil Assets In Nigeria - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Shell To Sell More Oil Assets In Nigeria (23791 Views)

Re: Shell To Sell More Oil Assets In Nigeria by FOOTSOLDIER2(f): 11:48pm On Aug 04, 2023

[quote author= post=124887060].....and we have nothing to show for all this wealth as a nation?!

Again,
May all politicians that raped our nation and took her 100 years back with blind looting and stealing since 1960 never end well in life.
Including their supporters.
So shall it be as long as God lives....[/quote].

Na today I know say you no get sense, your soul is buried in hypocrisy! You are the number supporter of your darlin Daddy from Daura, and you have started again with the cocain drug lord, yet you praying against yourself as a die hard supporter. May all your prayers come to pass upon you as you have rightly said.

Re: Shell To Sell More Oil Assets In Nigeria by Lanre1st(m): 11:49pm On Aug 04, 2023

I'm interested in buying lol

The business is for politicians

Re: Shell To Sell More Oil Assets In Nigeria by BarrElChapo(m): 11:53pm On Aug 04, 2023

slivertongue:
They are leaving NIGERIA one after the other due to bad policies and corruption

Their nations also played a major role in the degeneration, remember Wikileaks?

Re: Shell To Sell More Oil Assets In Nigeria by obyno82: 12:07am On Aug 05, 2023

Fugazy2023:
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

Thank God for Subsidy removal. No more free money

Grow up. You big pass this foolishness

2 Likes 1 Share

Re: Shell To Sell More Oil Assets In Nigeria by remzytimer: 12:18am On Aug 05, 2023

Let them go! No more crude oil theft, all their secrete pipe has been discovered and disengaged. They just have to run before we discovered all they have stole from us cos it's not going to be business as usual.

We bid them farewell and hereby, welcome new investors that will have better impact on our economy and communities

Re: Shell To Sell More Oil Assets In Nigeria by okito: 12:30am On Aug 05, 2023

I think people should be made to understand the business decisions Shell is making. Shell has been divesting their onshore and shallow offshore assets for more than 10 years mostly due to the need to move away from the volatile communities surrounding these assets. It's not only Shell, all multinationals have been doing this. A case in point is one OPL 2007 hitherto operated by Total but was given up by them and Conoil Producing got this asset as a PSC block and converted to OML 150 after fulfilling contractual obligations.
Multinationals just prefer to focus their efforts on deep offshore activities with little or no interference by oil producing communities and prospects for profit maximization.
Even ExxonMobil has divested their 4 shallow offshore assets in Eket area where Seplat seems to have picked up the juiciest of them all.
It's a business decision not that they are leaving the country due to corruption or economic downturn. They institutionalized the corruption we are talking about today in any case.

3 Likes

Re: Shell To Sell More Oil Assets In Nigeria by TossTos(m): 12:44am On Aug 05, 2023

The effect of subsidy removal, no money for them to share again ....

Re: Shell To Sell More Oil Assets In Nigeria by ycat: 1:00am On Aug 05, 2023

Before you cry yourself to death over Jagaban, go back to school to learn simple math.
President Tinubu has only been president for 2 months.

RingRoadMafia:
Tinubu has not even started, this is barely the 3rd month

Re: Shell To Sell More Oil Assets In Nigeria by Gonz: 1:01am On Aug 05, 2023

Title: Unveiling the Ancient Secrets of Massage: A Journey through Centuries

In the heart of Africa, where age-old traditions and mystical wisdom intertwine, lies an enigmatic art that has been shrouded in secrecy for centuries—the art of massage. One man, a seasoned massage therapist, carries within him the profound knowledge he acquired from the revered Kurinan and Ashan, two ancient lineages of healers whose legacy has endured through time.

For over twelve decades, this master of massage has immersed himself in the intricacies of the craft, honing his skills and discovering hidden truths passed down from generation to generation. While the world has seen the rise of female massage therapists, the male practitioners, particularly in Africa, have faced misconceptions and societal pressures that have obscured their true intentions.

In African communities, it is not uncommon to encounter prejudices and misunderstandings surrounding male massage therapists. Many have been unfairly branded as "gay" or "sugar boys," falling victim to unfair stereotypes that have clouded the perception of this sacred art. However, it is essential to shed light on the fact that many of these skilled men entered the field out of a genuine desire to heal, rather than the misguided assumptions often associated with their profession.

The journey of this master massage therapist has been one of profound transformation. As he embarked on the path of healing, he discovered that massage is not merely a series of physical manipulations but a profound dance of energies between healer and recipient. With a keen intuition that guides his hands, he delves into the silent language of the body, unveiling knots of tension, unspoken pain, and dormant emotions.

Despite societal pressures and misguided opinions, the master remains steadfast in his mission to honor the sacred legacy of massage. He dreams of a world where massage therapy is regarded not as a frivolous luxury but as an indispensable therapeutic art, accessible to all who seek solace, healing, and renewal.

In challenging the stereotypes that have plagued male massage therapists, the master aspires to cultivate a new generation of practitioners who will uphold the sanctity of this ancient art. By imparting his wisdom and nurturing their talents, he aims to foster a community of therapists that transcends gender norms, embracing the diversity that enriches the profession.

In this tale of rediscovery, the master confronts the misconceptions that have cast shadows upon the art he holds dear. He aspires to change the narrative, not just for himself but for all male massage therapists who harbor a true passion for the healing arts.

As the master continues his journey, he advocates for education and awareness to help the world understand the transformative power of massage therapy. Breaking free from stereotypes, he envisions a future where men and women alike embrace their true callings, unencumbered by societal expectations.

In conclusion, the true secret of massage therapy lies not in its gender association but in its capacity to heal and connect on a profound level. Let us celebrate the art of massage for what it truly is—a timeless expression of compassion, love, and the universal desire to alleviate suffering

1 Like

Re: Shell To Sell More Oil Assets In Nigeria by solreb: 1:11am On Aug 05, 2023

Islie:
https://leadership.ng/shell-to-sell-more-oil-assets-in-nigeria/

Yes it is true that Shell had en trying to sell some of its assets onshore and slow waers in about 2 years now, but it is very unlikely that the will sell to Eroton who has failed to manage the OML 18 oil and gas block they acquired before such thar NNPC had to take it over from them.

Re: Shell To Sell More Oil Assets In Nigeria by VeeVeeMyLuv(f): 1:47am On Aug 05, 2023

okito:
I think people should be made to understand the business decisions Shell is making. Shell has been divesting their onshore and shallow offshore assets for more than 10 years mostly due to the need to move away from the volatile communities surrounding these assets. It's not only Shell, all multinationals have been doing this. A case in point is one OPL 2007 hitherto operated by Total but was given up by them and Conoil Producing got this asset as a PSC block and converted to OML 150 after fulfilling contractual obligations.
Multinationals just prefer to focus their efforts on deep offshore activities with little or no interference by oil producing communities and prospects for profit maximization.
Even ExxonMobil has divested their 4 shallow offshore assets in Eket area where Seplat seems to have picked up the juiciest of them all.
It's a business decision not that they are leaving the country due to corruption or economic downturn. They institutionalized the corruption we are talking about today in any case.

Oh okay

Thanks for the clarification

Re: Shell To Sell More Oil Assets In Nigeria by Blitzking: 2:14am On Aug 05, 2023

Islie:
https://leadership.ng/shell-to-sell-more-oil-assets-in-nigeria/

With the kind of things I am reading in this article Nigerians should be the richest humans on earth. 80 percent of Nigerians should be driving a super car..our police should be using ferrari and lambo..foreigners should be attending our universities from Europe. And ppl should be coming from all over the world for health tourism..our citizens would have no interest in staying in foreign land rather they would go and acquire skills on new technologies in 1 to 10 yrs come home and become a force to reckon with establishing our own general motors...apple...nvidia...mayo clinic Boeing and all.. our passport would be so strong that we would visit over 190 countries visa free or on arrival..we have the ability to achieve this we just lack that kind of leaders and the citizens are so used to the abnormal that even the normal is now looking like an impossible feat.

3 Likes

Re: Shell To Sell More Oil Assets In Nigeria by Slgudboy: 2:35am On Aug 05, 2023

I'm i the only sierra leonean here.

Re: Shell To Sell More Oil Assets In Nigeria by lexy2014: 4:15am On Aug 05, 2023

Fugazy2023:
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

Thank God for Subsidy removal. No more free money

is this ignorance or what?

what has shell got to do with fuel subsidy?

1 Like

Re: Shell To Sell More Oil Assets In Nigeria by anyilalaz: 4:32am On Aug 05, 2023*

Most companies for the past 8 years has been planning to exit the country due to unfriendly economic environment, inconsistency and corrupt igovernment policies etc. Some of the companies that endured the 8 years was waiting for fortune change, waiting to see who the new Sheriff in Aso Rock would be but alas the number one man in the country is nobody but a Promax of the former. Thence, the exit of GSK, tactical exit of Shell and so many others that you will hear about in coming days.

These companies have parted ways with Nigeria, sold their assets or divested as the case may be.
- Truworths.
- Etisalat.
- ExxonMobil.
- Tiger Brands.
- HSBC and UBS.
- Mr Price Group Ltd.
- Woolworths.
- Shoprite.
- Game
- Brunel Services plc
- Iberia Airline
- InterContinental Hotel Group

1 Like

Re: Shell To Sell More Oil Assets In Nigeria by anyilalaz: 4:38am On Aug 05, 2023

RingRoadMafia:
I'm not also begging you to agree with me, I'm just squashing your lie.

That was Succer punch!!! Most of these guys never own or manage any business entity or understand how a manufacturing/extracting industries work. Perhaps all his live has been on government patronage.

2 Likes

Re: Shell To Sell More Oil Assets In Nigeria by JaskanFactor: 4:49am On Aug 05, 2023

They are selling oil facilities at a time when there is nobody manufacturing petrol car anymore, who is mad enough to buy that.
This is classic case of the white man vomit being repacked as cuisine for African.

They sucked Nigeria dry and forced it to rely on petrol , now that they killed off petrol industry they want you to pay for the mess.

They fk up your life and ask you to pay the bill, very typical oyinbo attitude .

Whilst they spent last decade destroying petrol industry they have been diversifying Saudi Arabia to hitech industry ,whilst sponsoring boko haram Nigeria

And as if all that is not bad enough, now they want russia and Europe to fight their European war inside Africa, with African blood
God punish all of your and your evil blood thirsty demons.

But i always say to african people, a people who hate each other like africans do, will always be slave to thier enemies. Who will make thier blood cheaper than water.

2 Likes

Re: Shell To Sell More Oil Assets In Nigeria by cjudy(m): 4:56am On Aug 05, 2023

[quote author= post=124887060].....and we have nothing to show for all the wealth as a nation?!

Again,
May all politicians that raped our nation and took her 100 years back with blind looting and stealing since 1960 never end well in life.
Including their supporters.
So shall it be as long as God lives....

We Rise. [/quote]You no get Shame. I wonder how you sleep for night after cursing yourself. Your darling Buhari and Tinubu I guess are not part of those who is ruining Nigeria

Re: Shell To Sell More Oil Assets In Nigeria by nams77: 5:38am On Aug 05, 2023

Re: Shell To Sell More Oil Assets In Nigeria by AK481(m): 5:48am On Aug 05, 2023

Baby eeeee make I give you my fine fine love o,sweet sweet love o...

We will be left with this capsule .

Re: Shell To Sell More Oil Assets In Nigeria by Ykc2(m): 6:04am On Aug 05, 2023

According to the news Oil and gas account for 90% of Nigeria foreign exchange earning for those who said that lagos is feeding nigeria,without oil nigeria is gone

1 Like

Re: Shell To Sell More Oil Assets In Nigeria by gabbytabby: 6:08am On Aug 05, 2023

They are leaving because opportunity for underground oil bunkering is reducing.

slivertongue:
They are leaving NIGERIA one after the other due to bad policies and corruption

Re: Shell To Sell More Oil Assets In Nigeria by emmydiamon(m): 6:10am On Aug 05, 2023

Wahala

Re: Shell To Sell More Oil Assets In Nigeria by Kennitrust(m): 6:23am On Aug 05, 2023

slivertongue:
They are leaving NIGERIA one after the other due to bad policies and corruption

who is engineering corruption in the whole of Africa if not the west.

Re: Shell To Sell More Oil Assets In Nigeria by Brushstrokes20: 6:24am On Aug 05, 2023

The shyyythole is fast heading south....

# Nig is cursed with useless bunch of self serving THIEVES masquerading as leaders!

Re: Shell To Sell More Oil Assets In Nigeria by Fugazy2023: 6:38am On Aug 05, 2023

obyno82:
Grow up. You big pass this foolishness

Your problem, is your problem. He dey for your back o

Re: Shell To Sell More Oil Assets In Nigeria by JustforMen: 6:55am On Aug 05, 2023

Tell am oo

RingRoadMafia:
We saw better liars than you during Buhari's regime.

You're tying to make it look like an Oil Drilling Company that has NOTHING to do with Subsidy money being paid to Fuel Marketers is leaving because they stopped making money due to the Subsidy removal wey no concern them. That can only be believed by your agbado brethren that lack the capacity to think, not sensible Nigerians.

They're leaving because the environment is no longer business friendly! They aren't making any profit and the cost of running their businesses is becoming ever more steep. This has been the case since the last 8 years. Companies that decide to stay have no choice but to continue to hike the prices of their products to meet up with the ever increasing cost of running business. APC has ruined this country!

Do better, come up with better lies.

1 Like

Re: Shell To Sell More Oil Assets In Nigeria by Kay25(m): 7:06am On Aug 05, 2023

slivertongue:
They are leaving NIGERIA one after the other due to bad policies and corruption

Childish talk..when Nigeria was worst they were there and part of those who made it so...just say u don't understand why they are leaving and we will tell u

Re: Shell To Sell More Oil Assets In Nigeria by FireUpNow(m): 7:07am On Aug 05, 2023

🌽 eating crew said Ebola made Lagos a mega city. Now can h make Nigeria a mega country? His economic policies are very harsh the people are feeling it and foreign companies are leaving cheating unemployment and more hardship

Re: Shell To Sell More Oil Assets In Nigeria by Justiceleague1: 7:08am On Aug 05, 2023

Fugazy2023:
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
Thank God for Subsidy removal. No more free money
O.Zuor haff spoken

Re: Shell To Sell More Oil Assets In Nigeria by dettolgel: 7:11am On Aug 05, 2023

okito:
I think people should be made to understand the business decisions Shell is making. Shell has been divesting their onshore and shallow offshore assets for more than 10 years mostly due to the need to move away from the volatile communities surrounding these assets. It's not only Shell, all multinationals have been doing this. A case in point is one OPL 2007 hitherto operated by Total but was given up by them and Conoil Producing got this asset as a PSC block and converted to OML 150 after fulfilling contractual obligations.
Multinationals just prefer to focus their efforts on deep offshore activities with little or no interference by oil producing communities and prospects for profit maximization.
Even ExxonMobil has divested their 4 shallow offshore assets in Eket area where Seplat seems to have picked up the juiciest of them all.
It's a business decision not that they are leaving the country due to corruption or economic downturn. They institutionalized the corruption we are talking about today in any case.

At the bolded is also an indication of the failure of the system. This is also related to the issue of corruption and the failure of our government over the years to invest in the development of the country.

How on earth do you think Saudi or UAE youth will attack oil installation? To what end, when there are safer and better ways to earn and take care of their families.

Corruption, insecurity, unemployment are interrelated.

1 Like

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