(Reuters) – Shell said on Thursday it had completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance.
Renaissance, a consortium of five firms comprising four Nigerian exploration and production companies and an international energy group, now controls a 30% stake in the SPDC joint venture.
(Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Mohammed Safi Shamsi)
