Shell Took FIDs on Three Projects in Nigeria in 2018

Anglo Dutch supermajor Shell, took Final Investment Decisions on three projects in Nigeria in 2018, the company reportsin its Annual Report.

FIDs were taken on Assa North, Gbaran Enwhe and Gbaran Nodal Compression projects (Shell interest 30%).

The company also mentioned progress in the BSWAP project.

“In February 2019, we agreed the heads of terms for the resolution of the OML 118 negotiations, including the PSC dispute with the Nigerian National Petroleum Corporation (NNPC), following which we have a clear commercial framework for a potential Bonga South West Aparo FID, and announced an invitation to tender”.

 


Sponsored

No comments yet.

Leave a comment

Comment form

All fields marked (*) are required

© 2021 Festac News Press Ltd..