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Touchstone Exploration Acquires Shell Trinidad Central Block for $23m
Sector Update: Energy Stocks Steady Premarket Monday
Shell (SHEL.US) will invest $5 billion in a joint venture for deep-water oil wells in Nigeria, with a daily production of up to 0.11 million barrels.
Shell's subsidiary in Nigeria will start producing Oil & Gas at the Bonga North offshore floating facility by the end of this decade.
Shell Nigeria Approves Final Investment Decision for Bonga North Deep-Water Project
Shell Greenlights Bonga North Deep-Water Project, Targeting 110,000 Bpd Output
Jefferies Sticks to Its Buy Rating for Shell (UK) (SHEL)