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Nairaland Forum / Nairaland / General / Business / Shell To Invest $15 Billion In Nigeria's Oil And Gas Industry (284 Views)
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Shell To Invest $15 Billion In Nigeria's Oil And Gas Industry by wacuc0: 4:15pm On Apr 08, 2019 |
Nigeria will get a large oil and gas investment from Shell Petroleum Development Company in the amount of about $15 billion, according to the Lagos-based newspaper ThisDay, citing managing director of the unit, Nosa Okunbor. The company operates under a joint venture between the Nigerian National Petroleum Corporation, Royal Dutch Shell Plc, Total Exploration and Production Nigeria Ltd. and Nigerian Agip Oil Company Ltd., according to its website. Shell has a 30% stake in the business. Click here to read about Nigeria's oil-rich Bayelsa State opens inquiry on spills The projects earmarked for investment will include deep offshore, shallow water, swamp and land terrain, the newspaper reported. Shell has also taken a final investment decision regarding the 300 MMsf3/day Assa North Ohaji gas project, which is expected to generate 1,200 megawatts, said Okunbor. https://www.worldoilinfo.com/world-oil-news/nigeria-shell-to-invest-15-billion-in-nigeria-s-oil-and-gas-industry Read more on oil and gas news : https://www.worldoilinfo.com/
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Re: Shell To Invest $15 Billion In Nigeria's Oil And Gas Industry by forghon: 4:24pm On Apr 08, 2019 |
Buhari taking us backward |
Re: Shell To Invest $15 Billion In Nigeria's Oil And Gas Industry by PureMind2: 4:27pm On Apr 08, 2019 |
Ok |
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