ENR Advisory is pleased to have advised Vaaris Energy Limited on its landmark agreement to acquire the entire share capital of Shell Nigeria Gas, from Shell Petroleum B.V. and Shell Overseas Investments B.V.
The proposed acquisition signals Vaaris’ strategic ambition to strengthen its position in Nigeria’s energy sector and deepen its participation in the domestic gas market. It represents a significant step towards expanding its footprint in the gas value chain and supporting the continued development of gas distribution infrastructure serving Nigeria’s industrial and commercial customers.
The ENR Advisory deal team was led by Partner, Pacer Guobadia, alongside Senior Associate, Makana Nria, and Associates, Emmanuel Ademu-Eteh and Aimuaosa Enadeghe.
We are proud to have supported Vaaris on this landmark transaction as it advances its strategic vision for Nigeria’s evolving energy landscape. Completion of the transaction remains subject to applicable regulatory conditions and approvals.
Click the link to read more about this deal:https://www.shell.com.ng/media/2026-media-release/shell-signs-agreement-to-sell-nigeria-domestic-gas-business-to-vaaris-energy.html