Shell Nigeria says it continues to drive Nigeria’s development through revenue generation and social investments.
Business Value Manager, Chidi Nkazi, made the remark while conducting the Minister of State for Petroleum Resources, Oil, Senator Heineken Lokpobiri, round the company’s stand at the Nigeria Oil and Gas, NOG, Energy Week Conference and Exhibition in Abuja on Tuesday.
He was accompanied by the Minister of State for Petroleum Resources, Gas, Ekperikpe Ekpo; Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari; and other dignitaries.
He stated that the company’s work goes beyond exhibitions and manifests daily in funds for development and community impact.
He said Shell, in collaboration with NNPC Ltd and other partners, “will continue to power progress and support Nigeria’s development.”
He spoke on the Shell businesses and interests in Nigeria, including Shell Nigeria Exploration and Production Company Limited (SNEPCo), Shell Nigeria Gas, All On and Daystar Power.
According to him, the $3 billion contract finance facility SNEPCo signed with nine leading Nigerian banks just last week was cited as a good example of efforts by Nigeria’s premier deepwater producer to improve the capacity of indigenous contractors and service providers in the oil and gas industry.
Chidi said SNEPCo was making good progress with the implementation of Bonga North and HI projects on which FIDS were taken in December 2024 and October last year respectively.
Shell is a key sponsor of the conference which is in its 25th year and is marking its participation with the exhibition, tracing its presence in Nigeria more than six decades ago and highlighting how its wide-ranging businesses have positively impacted Nigeria’s foreign earnings, contributed to the development of indigenous manpower and companies and improved lives and communities.