LONDON, March 20 (Reuters) - Royal Dutch Shell saidon Friday it had completed the sale of its stake in a Nigerianoil field for $737 million as the Anglo-Dutch oil major nearsthe completion of a strategic asset review in the West Africancountry.
Oil and Mining Lease (OML) 18 and "related facilities in theEastern Niger Delta" were sold to Eroton Exploration &Production Company Limited.
Eroton also acquired French oil major Total's 10percent stake and Italy's Eni's 5 percent stake in OML18, giving it a total 45 percent holding, Shell said in astatement.
OML 18 produced around 14,000 barrels of oil equivalent perday in 2014.
Shell announced last October that it had signed salesagreements for all five Nigerian oil assets it put up for salefollowing a 2013 review of its business in Nigeria.
The Anglo-Dutch company completed the sale of OML 24 inNovember. (Reporting by Ron Bousso, editing by William Hardy)