Nigeria's regulatory authorities have approved the sale of ExxonMobil's assets to Seplat Energy while halting Shell's planned divestment of its onshore and shallow-water operations, reported Reuters.

Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy, the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.

The Federal Government has announced the approval of ExxonMobil’s 1.28 billion dollars divestment of its oil and gas assets to Seplat Energy and three other divestments. Mr Gbenga Komolafe, Commission Chief Executive,

The federal government has announced the approval of ExxonMobil's $1.28 billion divestment of its oil and gas assets to Seplat Energy, marking a significant

Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, the country's upstream oil regulator said on Monday. Shell's asset sale for up to $2.

Nigeria has approved the sale to Seplat Energy of Exxon Mobil Corp.'s onshore assets, said the chief executive of the country's Upstream regulator on Monday.

Nigeria has declined to approve the sale of Shell's (NYSE:SHEL) onshore and shallow-water oil and gas in the Niger Delta region to a consortium of local companies, the country's upstream regulator said Monday.

Nigeria has blocked the sale of Shell's entire onshore and shallow-water oil and gas assets in the Niger Delta, the country's upstream regulator said on Monday, roughly 10 months after the deal was announced.

Shell plc’sSHEL deal to sell its onshore Nigerian subsidiary, Shell Petroleum Development Company Ltd ("SPDC"), for $1.3 billion has suffered a setback, with the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC") stating that the future buyer lacked the required qualifications to manage the assets.