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MidOcean Energy → PETRONAS' North Montney Upstream Joint Venture and North Montney LNG Limited Partnership · Natural Gas & NGL MidOcean Energy → JERA Gorgon Pty Ltd. · Natural Gas & NGL Hull Street Energy → Lee County and Tait Electric generating stations · Power and Utilities Standard Solar → EDF Renewables' Bluebonnet Project · Renewable Energy Standard Solar → EDF's Lehigh Valley solar project · Renewable Energy Desjardins → EDF Renewables' stake in Cypress 1 & 2 Wind Projects · Renewable Energy Axium Infrastructure → Capital Power's wind projects portfolio · Renewable Energy Rockland Capital LP → Chamon and Port Comfort Power Plants · Power and Utilities NEO Energy → ExxonMobil's upstream assets in UK North Sea $1B+ · Oil and Gas Harvest Midstream → MPLX's Rockies gathering and processing assets $1.0B · Oil and Gas MPLX LP → BANGL $715M · Natural Gas & NGL Ardian → Hydropower company in Peru · Renewable Energy MidOcean Energy → PETRONAS' North Montney Upstream Joint Venture and North Montney LNG Limited Partnership · Natural Gas & NGL MidOcean Energy → JERA Gorgon Pty Ltd. · Natural Gas & NGL Hull Street Energy → Lee County and Tait Electric generating stations · Power and Utilities Standard Solar → EDF Renewables' Bluebonnet Project · Renewable Energy Standard Solar → EDF's Lehigh Valley solar project · Renewable Energy Desjardins → EDF Renewables' stake in Cypress 1 & 2 Wind Projects · Renewable Energy Axium Infrastructure → Capital Power's wind projects portfolio · Renewable Energy Rockland Capital LP → Chamon and Port Comfort Power Plants · Power and Utilities NEO Energy → ExxonMobil's upstream assets in UK North Sea $1B+ · Oil and Gas Harvest Midstream → MPLX's Rockies gathering and processing assets $1.0B · Oil and Gas MPLX LP → BANGL $715M · Natural Gas & NGL Ardian → Hydropower company in Peru · Renewable Energy

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Oil and Gas Conventional Oil Divestiture Completed

Renaissance Acquires Shell Petroleum Development Company of Nigeria

Acquirer

Renaissance

→

Target

Shell Petroleum Development Company of Nigeria (SPDC)

2025

Year

🇳🇬 Nigeria

Country

Divestiture

Deal Type

$X.XB

Deal Value 🔒

Sector

Upstream

Subsector

Conventional Oil

Industry

Oil and Gas

Date Added

May 9, 2026

Status

Completed

🔒

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Deal Description

Shell completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance.

Renaissance Africa Energy Company , a consortium comprising four Nigerian independent energy companies —ND Western Limited, Aradel Holdings Plc, FIRST Exploration and Petroleum Development Company Limited, Waltersmith Group and an international energy company – Petrolin Group.

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