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Tags: SHELL

Golden Energy secures new platform supplier contract from Shell Nigeria

Golden Energy secures new platform supplier contract from Shell Nigeria

Golden Energy Offshore (GEO) said on Monday that the Energy Scout PSV had entered into a spot contract with Shell Nigeria Exploration and Production Company (SNEPCO) on January 19, 2019. According to the company, the Energy Scout vessel remained on the contract with SNEPCO until recently. GEO now entered into a new medium-term contract with… READ MORE

Shell discovers over 1trn cubic feet of gas in Eastern Nigeria

Shell discovers over 1trn cubic feet of gas in Eastern Nigeria

Shell’s geoscientists have put a figure on the company’s recent gas and condensate discoveries, made in the course of a drilling campaign onshore Eastern Nigeria. The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate, in shallow and deep reservoirs. The revelation came in the course of several technical sessions at… READ MORE

Shell considers investment in Niger Delta gas project

Shell considers investment in Niger Delta gas project

Osagie Okunbor, managing director of Shell Petroleum Development Company of Nigeria (SPDC), has said Shell is considering whether to invest in a gas project in Nigeria’s southern Niger Delta energy hub, Reuters reports. Nigeria has the world’s ninth largest proven gas reserves, at 187 trillion cubic feet (tcf). Okunbor said it was “on the verge of… READ MORE

Nigerian crude oil exports threaten market balance

Nigerian crude oil exports threaten market balance

Oil export operations in Nigeria are back in service following repairs, a division of Royal Dutch Shell said, adding to lingering supply-side concerns. A spokesperson for the Shell Petroleum Development Company of Nigeria Ltd said the company lifted force majeure, a contractual condition related to circumstances beyond the control of the parties involved, for exports… READ MORE

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