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Shell demands infrastructure, policy stability for gas investments
Sopuruchi Onwuka Nigerian affiliates of Shell have called on the government to provide the necessary infrastructure and supportive policies that form the base support for commercial investments in the country’s gas industry. The company’s delegates at the third Gas Investment…
NLNG Train7: Shell, Sunlink stake $2bn HI gas field development
Sopuruchi Onwuka Local subsidiary of Shell Plc, the Shell Nigeria Exploration and Production Company Limited (SNEPCo), and its partner, Sunlink Energies and Resources Limited, have committed to drive a new offshore field development project that would help contribute feedstock to…
VP Shettima commends Shell investments at NES
Vice President Kashim Shettima today commended the investments of Shell in Nigeria as he visited the company’s exhibition stand at the opening of the 31st Nigerian Economic Summit (NES) in Abuja. The exhibition complements the participation of Shell in the…
Shell to divest renewable ventures to focus on LNG in next decade energy production
Sees 60% percent LNG growth by 20240 European oil multinational, Shell, had declared intention to pursue low carbon energy production in the next 10 years, focusing on liquefied natural gas (LNG) as the biggest contribution to the energy industry in…
TotalEnergies’ $510m OML118 divestment scales regulators approval
Shell, Eni to pay $35.7m to FG Sopuruchi Onwuka Government has approved the deal by TotalEnergies to sell off its 12.5 interest in the deepwater Oil Mining Lease (OML) 118 to Shell Nigerian Exploration and Production Company (SNEPCO) Limited and…
Divestments: UN body indicts IOCs on remediation breaches
Sopuruchi Onwuka The lingering concerns about who takes eventual responsibility for decommissioning of production facilities and remediation of oilfield environments have reached global arbitration despite earlier assurances that funding and roles have been resolved among deal parties. A panel of…
PETAN commends Shell on local content support
* Honours Adams with Excellence Award Sopuruchi Onwuka Nigeria’s indigenous petroleum industry services group, Petroleum Technology Association of Nigeria (PETAN), has commended Shell for supporting Nigerian content development. The Nigerian Content policy which is supported by the Nigerian Oil and…
Shell helps groom future energy leaders
* Hosts African young professionals Sopuruchi Onwuka Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has restated its pledge to sustain support for young professionals from Nigeria and other African countries. The company which hosted young professionals delegates at its…
Shell declares long term partnership with big project outlay
Sopuruchi Onwuka Multinational oil major, Shell, is pointing at its list of upcoming projects and rising stake in operated ventures to convince its Nigerian stakeholders that it remains in the country for the long term despite predictions that the company…
Shell goes bullish in Nigeria’s deepwater with 67.5% stake in OML 118
*Pays $1.208 bn royalties to FG, maps $5 bn for Bonga North project *Dazzles NOG delegates with elaborate exhibition Sopuruchi Onwuka After loading off its onshore exploration and production portfolios with the basket divestment of Shell Petroleum Development Company (SPDC)…
