Our Firm congratulates Shell International on its epochal recent
sale of Nigerian upstream oil onshore assets to Renaissance Africa
Energy for approximately USD2.4bn.We advised Shell International on
the sale.
In the eyes of many, this complex, long-running and demanding
transaction is the most significant sale ever in the history of the
Nigerian petroleum sector, and, indeed, any other sector of the
Nigerian economy.
We thank deeply, and are honoured by, Shell International for
choosing and trusting us. We are grateful to our lawyers and
support personnel for their proficiency — their imagination,
rigour, sophistication, diligence and resolve.
The work called for expertise and depth in areas of legal practice
as wide-ranging as corporate, tax, competition, banking, petroleum
sector regulation, employment law, and litigation.
PRESS RELEASE
17 June 2025
Deal Annoucement: G. Elias Advised Shell International On Landmark $2.4 Billion Sale Of Onshore Oil And Gas Assets In Nigeria
Our Firm congratulates Shell International on its epochal recent sale of Nigerian upstream oil onshore assets to Renaissance Africa Energy for approximately USD2.4bn. We advised Shell International on the sale.