Shell has unveiled a series of strategic initiatives aimed at enhancing local content in Nigeria’s oil and gas sector. This is in a bid to promote partnerships, capacity building, and regulatory adherence to maximise value for local businesses. Shell’s Media Relations Manager, Gladys Afam-Anadu, made this known in a...
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By BARBARA KALU, Yenagoa – The Shell Petroleum Development Company of Nigeria Limited (SPDC Joint Venture) and the Bayelsa state government inaugurated the Gbaran Biodiversity Action Plan (Gbaran BAP), last week, in which more than 150 people from Taylor Creek Forest Reserve communities have been trained in alternative livelihood...
Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) says the country can achieve its oil and gas production targets and drive development programmes by focusing on its deepwater resources. The company said that the country could achieve this by maintaining policies that encourage investment and enhance output in the...
The Democratic Front (TDF) has said the announcement of a five billion dollar Bonga North Deep Offshore field Final Investment Decision (FID) by Shell is a sign that Nigeria remains an investment-friendly destination. In a statement signed by its Chairman, Malam Danjuma Muhammad, and Secretary, Chief Wale Adedayo, TDF...
A coalition of Niger Delta groups has described Shell UK’s planned sale of its Nigerian subsidiary without consulting host communities as unhealthy and unacceptable. The women’s position was presented by Mrs Emem Okon of Kebetkache Women Development and Resource Centre during a protest in Yenagoa on Friday. Okon led...
Shell Nigeria Exploration and Production Company Ltd. (SNEPCo), a subsidiary of Shell plc, says it made a Final Investment Decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. Shell’s Integrated Gas and Upstream Director, Ms Zoë Yujnovich,disclosed this in a statementon Monday in Lagos. Yujnovich...
President Bola Tinubu on Monday lauded the 5 billion dollars Final Investment Decision (FID) made by Shell and its partners on the Bonga North Deep Offshore Field. The FID marks Nigeria’s first deepwater oil project in more than a decade. It underscores the transformative impact of the Tinubu administration’s...
The Shell Petroleum Development Company of Nigeria (SPDC) on Monday said the reported oil leak from the Bonny Oil Export Terminal will not affect oil export. SPDC noted that the incident affected only a section at one out of the three loading buoys which has been isolated. SPDC’s Media...
By OLA MODUPE, Lagos – The Lagos State School Chess Championship, powered by NNPC-SNEPCo in partnership with Chess in Slums Africa (CiSA), led by founder Tunde Onakoya, took place on November 30, 2024. The event brought together 30 teams from secondary schools across Lagos and participants from the Chess...
Shell Petroleum Development Company of Nigeria Ltd (SPDC) on Friday assured host communities in the Niger Delta of getting jobs to grow Nigerian content. SPDC’s General Manager, Nigerian Content, Olanrewaju Olawuyi, said this at the panel sessions of the 13th Practical Nigerian Content Forum organised by Nigerian Content Development...
Shell companies in Nigeria teamed up with the Nigerian National Petroleum Company Limited (NNPC) and other stakeholders to build Information Communication Technology (ICT) centres and a digital library in Nigerian universities this year in their continuing support for education. Shell Nigeria Exploration Production Company Limited (SNEPCo) and NNPC in...
By ARMSTRONG ALLAHMAGANI, Bauchi – The Bauchi State Government would spend N100 million for the engagement of youth in computer programming and Artificial Intelligence. This is as earmarked in the 2024 budget of the state. This was disclosed by Governor Bala Mohammed, in his speech while inaugurating a...
The police in Akwa Ibom State have rescued a 63-year man and retiree of Shell Petroleum Company who was recently kidnapped by unknown gunmen. The command’s Spokesperson, ASP Timfon John, disclosed this in a statement on Monday in Uyo. ASP John said that he victim, who was abducted...
By BARBARA KALU, Port-Harcourt – Rivers State Governor, Siminalayi Fubara, has called for responsible management of funds allocated to host Communities Development Trusts (HCDT) in the Niger Delta. The governor spoke on Tuesday at an event to unveil three additional HDCTs by The Shell Petroleum Development Company of...
By MBAFAN ADE – The three Shell companies in Nigeria and their partners said they made a total a total expenditure of $42.2 million on direct social investments in 2023, representing a 23% increase compared to $34.29 million in the previous year. Shell exclusively spent $14.1 million, according...
By MBAFAN ADE, Abuja – Nigeria’s premier deep-water development, Bonga, operated by Shell Nigeria Exploration and Production Company Limited (SNEPCo) has won the coveted Asset of the Year award in the Shell Group for 2023, the latest recognition of its best-in-class performance in Safety, Environment and Asset Management....
Panic as explosion rocks Shell gas plant Loud explosions were heard at the Shell Petroleum Development Company of Nigeria gas processing plant at Gbarain, Yenagoa Local Government Area of Bayelsa State on Tuesday. Thick smoke was seen rising into the sky, raising concerns of gas export disruptions as the...
Shell exclusively paid a total of $1.09 billion in corporate taxes and royalties to the Government of Nigeria last year through the operations of The Shell Petroleum Development Company of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company of Nigeria Ltd (SNEPCo.) The figures, announced in the...
Shell has said it is working to extend the life of its Bonga Floating, Production, Storage, Offloading vessel by another 15 years. This would enable the company to handle more production from Nigeria’s first deep-water development which came on stream in 2005. The assurance was given in Lagos...
By MBAFAN ADE – The African Energy Chamber (AEC), as the voice of the African energy sector, has strongly urged the Nigerian government to take a fast-tracked approach to approving the decision by British multinational oil and gas company, Shell, to sell its Nigerian onshore assets to...