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OML 118

Shell goes bullish in Nigeria’s deepwater with 67.5% stake in OML 118

*Pays $1.208 bn royalties to FG, maps $5 bn for Bonga North project  *Dazzles NOG delegates with elaborate exhibition Sopuruchi Onwuka After loading off its onshore exploration and production portfolios with the basket divestment of Shell Petroleum Development Company (SPDC)…