News

Shell Nigeria Gas (SNG), the country’s first and wholly owned subsidiary of an international oil company involved in domestic gas distribution in Nigeria, increased its gas distribution capacity by over 150% following the safe completion of its second gas train, the Agbara-Ota Capacity Increase Project. The facility enables SNG and its partners to achieve regular gas supply to subscribed industries in Ogun State while efforts are ongoing to reach more ...

 The ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria, will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2400 Megawatts which is enough to provide uninterrupted electricity to about 2.4 million homes, Managing Director, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria, Osagie ...

Two oil majors, Shell Petroleum Development Company of Nigeria and Total, have declared force majeure on exports of crude on each of their trunk lines, spokespersons for the firms have said. Osagie Okunbor, Managing Director, Shell Petroleum Development Company Mr Bamidele Odugbesan, Manager, Media Communications for Shell, told the News Agency of Nigeria (NAN) in Lagos that the force majeure ...

Shell Companies in Nigeria have emerged the international oil company with the most impactful Local Content Initiatives in the upstream category at the 2019 edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) held in Yenagoa, Bayelsa State, on April 4, 2019. L-R: Managing Director, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies ...

Another 120 youth entrepreneurs from seven states of the Niger Delta have been given Shell Nigeria LiveWIRE business training and N48 million by The Shell Petroleum Development Company (SPDC) Joint Venture to begin small-scale businesses in their respective states in the expectation that they will become models for alternative livelihoods as part of the programme to deter involvement of youths ...

A firm, Tullow Oil, handling Kenya’s only oil project, says a deal with local Kenyan authorities that will allow it to pump water to pressurise the project for a final green light may take a while. Martin Mbogo Tullow’s Kenya Managing Director, Martin Mbogo, said on Friday, February 22, 2019 in Nairobi that the deal might delay the project until ...

Shell Nigeria Exploration and Production Company (SNEPCo) has announced Invitation to Tender (ITT) to contractors for the development of the Bonga South West Aparo (BSWA) oil field. SNEPCo Managing Director, Bayo Ojulari Bamidele Odugbesan, Shell Spokesman, said in a statement on Thursday, February 14, 2019 in Lagos that the project’s initial phase includes a new Floating, Production, Storage and Offloading ...

The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners signed a Final Investment Decision (FID) agreement for a 300 million cubic feet of gas on Wednesday, February 13, 2019 in Abuja at a ceremony witnessed by the Managing Director of Total Exploration and Production Nigeria Limited, Mr. Nicholas Terraz, and the Managing Director of Nigeria ...

According to the African Energy Chamber, 2019 will be key for the advancement of new exploration and production development projects from West to East Africa Oil installation After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019. However, ...

A recent report of the Nigeria Extractive Industries Transparency Initiative (NEITI) reveals that the total financial flows from Nigeria’s oil and gas sector slumped to $17.05 billion in 2016, a 31% decline on the $24.79 billion generated in 2015, and a 75% on the sector’s peak earnings of $68.44 billion generated in 2011. In addition, the 2016 figure is the ...