
Shell invests $510 million to expand stake in Nigeria’s Bonga Oil Field
The acquisition is still subject to standard conditions, including regulatory approvals.
The acquisition is still subject to standard conditions, including regulatory approvals.
Nigerian companies have a lot to benefit if they are prepared to take advantage of more opportunities in its offshore and shallow water oil and gas projects.
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.