Renaissance Africa Energy US$2.4bn acquisition of Shell’s Nigerian onshore assets
- Value
- US$2.4bn
- Date
- 1 October 2026
- Transaction type
- Acquisition
- Practice area
- Energy and Natural Resources
- Jurisdiction
- Nigeria
- Client
- Renaissance Africa Energy
Summary
Renaissance Africa Energy US$2.4bn acquisition of Shell’s Nigerian onshore assets. Client: Renaissance Africa Energy.
Scope of legal work
Banwo & Ighodalo
Advisers
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
- Law firm: Banwo & Ighodalo; Additional adviser information submitted to Meridian (firm dataset, October 2026), pending verification: DealMakers West Africa Deal of the Year 2024 adviser list reportedly includes G. Elias, Clifford Chance and White & Case alongside Banwo & Ighodalo; Aluko & Oyebode role to be confirmed. Dataset states consideration of US$1.26bn for the SPDC shareholding; reconcile with the US$2.4bn headline.
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