SPE activates smaller entities’ investments in less attractive areas to IOCs
Chairman of Society of Petroleum Engineers (SPE) Nigeria Council, Joseph Nwakwue has advocated activation of smaller entities’ investments in areas of less attraction to international oil companies (IOCs) to fast track indigenous stake uptakes in Nigeria’s oil and gas sector….
Low hanging fruits like petrochemicals can diversify economy faster—Shell
The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has tactically indicted the Nigerian government of not understanding the imports of petrochemicals in the ongoing drive to diversify the economy. Though he spoke on theme, ‘Diversification…
Delay in deepwater projects may dominate discussions from today at SPE Lagos
As the 2018 Society of Petroleum Engineers (SPE) conference kicks off today in Lagos, there are strong indications the ongoing delays in the final investment decisions on seven offshore deepwater oilfield projects in the country. Before now, industry experts say…
SNEPCo sees good future on Nigeria’s deepwater explorations
Leading investor in Nigeria’s deepwater oil and gas giant, Shell Nigeria Exploration and Production Company (SNEPCo), has reviewed the industry’s 2017 outlook and said deepwater space in Nigeria’s petroleum industry remains attractive. The Managing Director, Mr. Bayo Ojulari, who spoke…
SNEPCo hails indigenous contractors on successful FPSO TAM
Shell Nigeria Exploration and Production Company (SNEPCo) has confessed the merits of Nigerian local content policy in the oil and gas sector following the use of local contractors to successfully complete Turnaround Maintenance (TAM) on its deep-offshore Floating, Production, Storage…
Shell successfully completes Bonga oil field TAM, resumes production on record time
Chances of increased oil production and sales are becoming clear following the successful completion of turnaround maintenance (TAM) on the offshore field of the Bonga oil field, the nation’s first deepwater development. Business Hilights recalls that earlier in March, Shell…
