Oil majors delay investment on $23.5b offshore projects
International Oil Companies (IOCs) operating in Nigeria may have devised means to compel the Federal Government into changing its fiscal policy on the Petroleum Industry Governance Bill (PIGB).
Bonga achieves 763m oil barrels production since in 12 years
Shell Nigeria Exploration and Production Company (SNEPCo), said it has delivered a total of 763 million barrels of oil from the Bonga field between first production in 2005 and 2017. The company has also expanded the field with further drilling of wells in Bonga Phases 2 and 3, and through a subsea tie-back that…
SNEPCo, partners boost training of young scientists in Abia
Shell Nigeria Exploration and Production Company of Nigeria (SNEPCo) and its partners have built and donated a fully furnished and equipped multimillion Naira Integrated Science Laboratories Block to Aggrey Memorial (Model) College Arochukwu, Abia state. The Principal of the college, Ugbuta Chukwuemeka Peter said the laboratories will facilitate improved teaching and learning of sciences not…
Oil, gas reserves to witness drastic reduction over climate change
The future of oil and gas across the world is coming under intense pressure following reports by Shell, which plans to empty reserves by over 80 per cent in the next 12 years.
Nigeria plans 50 per cent domiciliation of integration of FPSO
Nigerian Content Development and Monitoring Board (NCDMB), and major operating companies have embarked on plans that would ensure the full domiciliation of Floating Production Storage Offloading (FPSOs) vessels in Nigeria.
SNEPCo chief, three others bag society of engineers’ fellowship
The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, and three other senior Engineers with the oil firm in Nigeria have been conferred with the fellowship of the Nigerian Society of Engineers (NSE). The three others are the organisation’s Engineering Manager, Debo Oladunjoye; Projects Delivery and Assurance Manager of Shell Petroleum…
‘SNEPCo building human capacity through scholarships’
During the fourth World Bank’s Partnership for Skills in Applied Sciences, Engineering and Technology (PASET) forum in Nairobi, the World Bank Group’s Vice President for Human Development, Keith Hansen said the private sector should expand its support for skills-building in Africa, with both resources and technology. Hansen said the private sector should contribute to Africa’s…
Stakeholders okay SNEPCo’s forum
Public and private sector players in the Nigerian oil and gas industry have described the annual Global Nigeria Forum (GNF), as a model worthy of emulation by Nigeria’s local content regulator.
FG plans to commence exploration on Bonga oil field project
The Federal Government has commenced consultations with stakeholders in the oil and gas sector, aimed at re-activating Shell Nigeria Exploration and Production Company Limited (SNEPCO), the Bonga oilfield.