Shell Nigeria Announces FID on Bonga North

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55%…

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NLNG 7

Shell agrees to sell Nigerian onshore subsidiary

  Transaction will preserve the full range of SPDC’s operating capabilities Shell will remain a major investor in Nigeria’s energy sector through its Deepwater and Integrated Gas businesses Shell has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium of five companies…

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