
Infrastructure key to developing Nigeria’s gas resources –Shell
The infrastructure will support the delivery of gas from producers to consumers in an efficient way that is also transparent and cost effective,
The infrastructure will support the delivery of gas from producers to consumers in an efficient way that is also transparent and cost effective,
With zero foreign investment in early 2023, to billions pledged by year’s end – what lies behind the country’s dramatic offshore turnaround, and what are the challenges?
We also continue to make good progress in contract awards to Nigerian businesses.
The community has a pending lawsuit against Shell, which it accuses of causing an oil spill that damaged waterways and farms.
Shell’s claim was based on a study commissioned by Compass Lexicon consultancy, which aimed to determine the extra revenue Venture Global had seemingly wrongfully earned by denying certain European customers their contracted cargoes.
SPE International President Terry Palisch, and Chairman of the Nigeria Council Salahudeen Tahir who jointly presented the award described Shell as a leading light in the oil and gas industry, providing valuable support particularly to indigenous companies.
Costly repairs resulting from complications in Nigeria’s oil sector contributed to the company’s growing discontent and eventual exit.
Oil major’s departure from the Nigerian onshore oil business offers opportunities for local firms, but could also leave a financing gap
The 4-kilometre (2.5-mile) connection from the Forcados export terminal, which typically exports around 250,000 barrels per day (bpd) of oil, into the sea was found during a clamp-down on theft in the past six weeks.
It supports crude oil production from the facilities of the SPDC joint venture and other producers who rely on the Bonny terminal for crude export.