JOURNAL: Shell Capitulates in Nigeria

Monday, 21 December 2009

JOURNAL: Shell Capitulates in Nigeria

Royal Dutch Shell PLC is seeking buyers for 10 of its Nigerian onshore oil-production assets following years of militant attacks on its facilities that have squeezed the company's profit, people familiar with the matter said Sunday. The oil fields have a market value of $4 billion to $5 billion and represent proven oil reserves of about 100 million barrels, one of the people said... The move marks a capitulation of sorts for Shell. Wall Street Journal.

This a great example of an open source insurgency's effectiveness against a massive multinational corporation. What was the decision making process at Shell regarding this threat? Why was the company so ineffective at defending it's interests? A good forensic analysis would be useful (I'd like to see how it matches up against theoretical approaches re: attacking corporations).

Posted at 12:48 PM | Permalink

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