The 7CGDP is an integral leg of the gas development strategy designed by the Nigerian National Petroleum Corporation to leverage the full potential of gas to meet the target of generating at least 15 gigawatts of electricity by 2020.
Afam VI power plant in Rivers State is ready to deliver its net dependable capacity of 624MW into the Nigerian national grid barring any regulator’s restrictions.
Communities in Bayelsa State received a total sum of N21.71 billion from the Shell Petroleum Development Company of Nigeria operated joint venture for development projects between 2006 and 2017.
The Nigerian National Petroleum Corporation and its Joint Venture Partner, Nigeria Agip Oil Company Limited, have pledged their commitment to implement the Okpai Phase 2 Project to shore up the current power generation with 500 megawatts of power.
A total of N14.86 billion has been invested by the Shell Petroleum Development Company of Nigeria operated Joint venture on Global Memorandum of Understanding (GMoU) clusters in Rivers State.
Shell Nigeria Gas has increased its domestic gas distribution capacity by 150% over the last six months.
Shell Nigeria Exploration and Production Company (SNEPCo) delivered a total of 763 million barrels of oil from the Bonga field between first production in 2005 and 2017.
Some 290 Nigerian contractors have received loans worth more than N472 billion under the Shell Contractor Support Fund, which was set up by Shell companies in Nigeria to help vendors and suppliers in the oil and gas industry secure funds at reduced interest rates.
Oando, Nigerian energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced audited results for the three months period ended March 31, 2017.
Nigeria’s Ministry of Petroleum has approved the recommendation by the Department of Petroleum Resources to revoke three Oil Mining Leases operated by Shell Petroleum Development Company, a local arm of Shell, the Anglo Dutch major.