Cape Town-Shell is to sell more onshore oil fields in southern Nigeria valued at between $150 million and $2 billion, industry sources told Platts July 26, because the fields are located in an unstable region where militants have carried out a series of attacks. Shell already agreed to sell in January its 30% interest in OML 4, 38 and 41 in the northwestern Niger Delta to a Seplat-led multinational consortium (ON 2/1).
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