New owner of British oil giant Shell’s Nigerian onshore business lines up $4.1 billion in contractor financing with 13 banks

New owner of British oil giant Shell’s Nigerian onshore business lines up $4.1 billion in contractor financing with 13 banks

Renaissance Africa Energy, the company operating Shell’s former Nigerian onshore business, has lined up a $4.1 billion dollar-denominated financing portfolio with 13 banks to help local contractors execute its projects.

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