US supermajor ConocoPhillips is looking to sell a stake in the Brass LNG export project as it plans to shake off its Nigerian energy assets.
The player has hired BNP Paribas to help shift the assets, including onshore and offshore oil and gas fields, according to Reuters.
Nigerian asset sales could raise Conoco around $2.5 billion, sources told the newswire.
ConocoPhillips holds a 17% stake in the Brass liquefaction project, with Total and Italy’s Eni also holding equal shares.
