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Tag: Shell Nigeria Plc

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Shell deepens Nigerian stake with $20bn fresh investment

Shell Plc has announced plans to deepen its stake in Nigeria through a fresh $20 billion investment in the Bonga Southwest deep offshore oil project, signalling renewed confidence in the country’s oil sector under President Bola Tinubu’s administration. During a recent meeting with President Tinubu at the Presidential Villa in Abuja, Shell Chief Executive Officer, […]

Business

Shell commits 90% of contract value to Nigerian firms

Shell Nigeria Exploration and Production Company Limited says more than 90 per cent of the contract value in its operations will be delivered by Nigerian companies, in line with its commitment to building a sustainable energy future for the country. SNEPCo Managing Director, Ronald Adams, made this known at the opening of a panel session […]

Business

Shell urges local firms to seize deepwater, offshore opportunities

Shell Nigeria Exploration and Production Company Limited has urged Nigerian firms to strategically position themselves to tap into expanding opportunities in its deepwater and shallow offshore oil and gas projects. The Managing Director of SNEPCo, Ronald Adams, made this disclosure at the fifth edition of the Nigerian Oil and Gas Opportunity Fair held in Yenagoa, […]

Oil and Gas

Halt Shell’s $2.4bn asset sale, Int orgs urge FG

International organizations such as the Centre for Research on Multinational Corporations, Stakeholders Democracy Network and others have urged the Federal Government to halt Shell Petroleum Development Company’s divestment plan until the Niger Delta region’s cleanup and decommissioning issues are resolved. Arise News reported that Shell intends to divest, leaving extensive historical oil contamination throughout the […]

featured Oil and Gas

Shell to tackle Nigeria’s unstable power with off-grid renewable energy

Shell Nigeria Plc has stated that it would work with the Nigerian government to use renewable energy sources to supply millions of people with electricity. According to The Punch, energy sources encompass natural replenishment sources such as water, wind, and solar energy. Unlike non-renewable energy sources, which are limited and pollute the environment, such as coal, oil, […]

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