The Shell Nigeria Exploration and Production Company (SNEPCo)
Shell in Nigeria
Shell has a history of over 60 years in Nigeria and the largest footprint of all the international oil and gas companies in Nigeria. Shell companies in Nigeria continue to play pioneering roles in onshore, shallow and deep-water oil exploration and production. They are also at the forefront of gas development, producing and delivering gas to domestic consumers and export markets for more than 50 years.
Shell companies in Nigeria continue to strengthen their position in the country by optimising their onshore oil footprint while making investments in deep water and natural gas, particularly domestic gas. Natural gas is the cleanest burning fossil fuel and is abundantly available in Nigeria. Shell companies in Nigeria are working with the Federal Government of Nigeria and other partners on domestic gas opportunities and advancing liquefied natural gas (LNG) for export.
Shell has the following business interests in the Nigerian oil and gas sector:
- The Shell Petroleum Development Company of Nigeria Limited (SPDC) is the largest Shell company in Nigeria and produced the country's first commercial oil exports in 1958. SPDC, headquartered in Port Harcourt, Rivers State, is the operator of a joint venture (the SPDC JV) between the government-owned Nigerian National Petroleum Corporation – NNPC (55% share), SPDC (30%), Total Energies (10%) and the ENI subsidiary Nigerian Agip Oil Company Limited (5%).
- Shell Nigeria Exploration and Production Company Limited (SNEPCo), headquartered in Lagos, was incorporated in 1993 to develop Nigeria's deep-water oil and gas resources. It is a 100% Shell owned company and holds interests in four deep-water blocks, two of which it operates: OML-118 (Bonga field) and OML-135. SNEPCo also has a 50% interest in OPL-245*, which is operated by the ENI subsidiary Nigerian Agip Exploration Limited and a 43.75% interest in OML-133 operated by the ExxonMobil subsidiary Esso Exploration and Production Nigeria (Deepwater) Limited.
- Nigeria Liquefied Natural Gas Company Limited (NLNG) is a joint venture incorporated in 1989 to produce LNG and natural gas liquids for export. It was Nigeria's first LNG project. Shell holds a 25.6% share and its partners are NNPC (49%), a Total subsidiary (15%) and an ENI subsidiary (10.4%).
- Shell Nigeria Gas Limited (SNG) headquartered in Lagos, was incorporated in 1998 to promote gas as a more reliable, cleaner and cost-effective alternative to liquid fuels for the Nigerian domestic market. It is a 100% Shell owned company.
Company Website: www.shell.com.ng