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NNPC launches stake sale in several oil and gas assets

State-owned Nigerian company NNPC has opened a bidding process to sell stakes in oil and gas assets as part of a portfolio restructuring strategy.

NNPC launches stake sale in several oil and gas assets

CompaniesEni, Shell, TotalEnergies, Chevron
SectorPétrole
ThemeInvestissements & Transactions

Nigerian National Petroleum Company Limited (NNPC), the state-owned energy firm and Nigeria’s leading oil player, has launched a bidding process to sell stakes in several of its oil and gas assets. The information was included in an invitation document recently distributed to interested parties. No figures were disclosed regarding the targeted amount or the size of the stakes on offer.

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Pétrole