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56 UK, Nigerian companies explore opportunities in Shell-sponsored business summit

A total of 100 delegates representing 56 companies from Nigeria and the United Kingdom explored opportunities for collaboration at the annual Nigeria-UK Supplier Engagement programme organised by Shell Nigeria Exploration Company Ltd (SNEPCo) in conjunction with the United Kingdom Trade and Investment (UKTI). The event which held in Lagos on 30th July brought together companies engaged in a wide variety of activities in the oil and gas industry including engineering, maintenance, fabrication and subsea support services. The UK delegation, which included Nigerian experts in the diaspora who SNEPCo had reached in previous bus+iness summits in Aberdeen and London, first met with Shell Companies in Nigeria companies on areas of need and technical gaps.
L-R: Head of Nigerian Content Development, Shell Nigeria Exploration and Production Company of Nigeria (SNEPCo) Austin Uzoka; Director, United Kingdom Trade & Industry, Chris Maskell; British Deputy High Commissioner, Ray Kyles; General Manager, Nigerian Content Development, Shell Nigeria, Chiedu Oba; UKTI Specialist, Sue Whitebread; Director Monitoring and Evaluation (NCDMB),Tunde Adelana.... at the just concluded Nigeria - UK Suppliers Engagement programme sponsored by SNEPCo and its Co-venturers.

L-R: Head of Nigerian Content Development, Shell Nigeria Exploration and Production Company of Nigeria (SNEPCo) Austin Uzoka; Director, United Kingdom Trade & Industry, Chris Maskell; British Deputy High Commissioner, Ray Kyles; General Manager, Nigerian Content Development, Shell Nigeria, Chiedu Oba; UKTI Specialist, Sue Whitebread; Director Monitoring and Evaluation (NCDMB),Tunde Adelana.... at the just concluded Nigeria - UK Suppliers Engagement programme sponsored by SNEPCo and its Co-venturers.

Osagie Okunbor, Chairman, Shell Companies in Nigeria and Managing Director of the Shell Petroleum Development Company of Nigeria Limited (SPDC.) observed: “The striking feature of this year’s business summit is the presence of Nigerians in the diaspora in the UK delegation. It shows that, our engagements with Nigerians to take up opportunities back home in the oil and gas industry, is being well received, and this is good news for everybody.”

L-R: General Manager, Nigerian Content Development, Shell Nigeria, Chiedu Oba; Petroleum Technology Association of Nigeria (PETAN) Administrator, Jumoke Oyedun; Head of Nigerian Content Development, Shell Nigeria Exploration and Production Company of Nigeria, Austin Uzoka; PETAN Publicity Secretary Nik Odinuwe...at the just concluded Nigeria - UK Suppliers Engagement programme sponsored by SNEPCo and its Co-venturers.

L-R: General Manager, Nigerian Content Development, Shell Nigeria, Chiedu Oba; Petroleum Technology Association of Nigeria (PETAN) Administrator, Jumoke Oyedun; Head of Nigerian Content Development, Shell Nigeria Exploration and Production Company of Nigeria, Austin Uzoka; PETAN Publicity Secretary Nik Odinuwe...at the just concluded Nigeria - UK Suppliers Engagement programme sponsored by SNEPCo and its Co-venturers.

The UK delegation also held networking meetings with their Nigerian counterparts which included several members of the Petroleum Technology Association of Nigeria (PETAN). “Shell has a long-term and continuing commitment to Nigeria, its people and the economy,” said Chiedu Oba, General Manager, Nigerian Content Development, Shell Nigeria in a welcome address. “One of the most significant ways we have delivered on that commitment is by  increasing the participation of Nigerian companies and individuals in our supply chain and operations – to ensure that as many Nigerians as possible benefit from our activities and business.”

The General Manager Production PSC in the National Petroleum Investment and Management Services (NAPIMS) enjoined the participating companies to work towards taking advantage of upcoming opportunities in the Nigerian oil and gas industry. He reiterated the importance of local content in the growth of the Nigerian oil and gas industry. UKTI Director Chris Maskell thanked Shell for the continued support on the Nigeria-UK Supplier Engagement programme.

Also speaking at a reception organised by UKTI for the suppliers, the Executive Secretary of the Nigerian Contend Development and Monitoring Board (NCDMB), Denzil Kentebe lauded the Shell initiative to foster partnerships that will help local vendors strengthen their technical capability.

SNEPCo initiated the Nigeria-UK Supplier Engagement programme in 2009, and has this led to some 27 partnerships between Nigerian and UK companies with another 43 partnership discussions progressing well. Shell Companies in Nigeria are major contributors to the national economy, not only through the energy they produce and the revenues generated, but also via achievements in supply chain, local content and social investment.

Issued by: Precious Okolobo

Corporate Media Relations Manager

+234 80702 65019

August 02, 2015.

Cautionary statement

"The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this presentation refer to companies over which Royal Dutch Shell plc  either directly or indirectly has control. Companies over which Shell has joint control are generally referred to “joint ventures” and companies over which Shell has significant influence but neither control nor joint control are referred to as “associates”. In this press release, joint ventures and associates may also be referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest. 

This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this presentation, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2014 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this presentation and should be considered by the reader.  Each forward-looking statement speaks only as of the date of press release, July 05, 2015. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this presentation. 

We may have used certain terms, such as resources, in this presentation that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330. "