The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Mrs Elohor Aiboni, has expressed appreciation to the leadership of the Nigerian National Petroleum Company Ltd and the NNPC Upstream Investment Management Services (NUIMS) for the level of collaboration geared towards maximising the potential of the deepwater assets and delivering key projects to unlock value for stakeholders.
Shell on Thursday became the latest oil major to report first-quarter earnings above expectations and announced additional share repurchases of $4 billion.
(Bloomberg) – A senior Nigerian minister urged the country’s president to end a long-running dispute with Eni SpA and Shell Plc to allow the companies to finally develop a prized deepwater oil license.
Shell has a fraught history in the West African nation, where frequent spills and challenging relationships with local communities have led it to reassess the future of its onshore and shallow water operations
BP and Shell announced record annual profits of £23bn and £32bn respectively for 2022.
Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine.
Shell Upstream Namibia BV, a subsidiary of Shell Plc, is advancing drilling offshore Namibia with delivery of Northern Ocean Ltd.’s Deepsea Bollsta semisubmersible drilling rig.
Agreements have been signed for the construction of the first utility scale renewable power generation facility within TT, the Utility Scale Solar PV Project. The project is set to deliver 112.2 megawatts (MW) of electricity onto the grid
Various parties to the Tema LNG Project have agreed on an amendment to the Commercial Agreements, which effectively frees the national oil agreement from its earlier commitment to be paying for regasified liquefied natural gas now, even at volumes significantly reduced in 2019.