Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,910,775 members, 7,022,157 topics. Date: Wednesday, 17 August 2022 at 05:40 PM

Shell To Invest $15 Billion In Nigeria's Oil And Gas Industry - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Shell To Invest $15 Billion In Nigeria's Oil And Gas Industry (212 Views)

Mansur Ahmed: Dangote Refinery Will Fix Nigeria’s Oil Volatility / Elon Musk Says He'll Be Paying $11 Billion In Tax This Year / Shell To Divest Onshore Oil Stakes In Nigeria, Open Talks With FG (2) (3) (4)

(1) (Reply)

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/

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 grin
Re: Shell To Invest $15 Billion In Nigeria's Oil And Gas Industry by PureMind2: 4:27pm On Apr 08, 2019
Ok

(1) (Reply)

Solar Power Facts And Advantage / Bring All Your Itunes Gift Card And Others / Build Your Instagram, Facebook And Twitter Followers.

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2022 Oluwaseun Osewa. All rights reserved. See How To Advertise. 23
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.