Jump menu

Main content |  back to top

News and Media Releases

SPDC wins 2015 PETAN Local Content Operator Award

The Shell Petroleum Development Company (SPDC) has won the 2015 Local Content Operator of the Year Award by the Petroleum Technology Association of Nigeria (PETAN), in recognition of its achievements in embedding Nigerian content in the oil and gas industry in Nigeria.

SPDC was commended for many initiatives that have promoted Nigerian content including the domestication of original equipment manufacturing services; contractor funding schemes; and the collaboration with PETAN on similar programmes and projects.

PETAN Local Content Operator award

GM Business & Government Relations, SPDC, Mr. Simbi Wabote (right), receiving the 2015 PETAN Local Content Operator award from the Executive Secretary, Nigeria Content Development & Monitoring Board, Mr. Denzil Kentebe.

"The award is a strong endorsement for the many successful interventions we have made in the Nigerian content space and an impetus for us to continue to grow indigenous capacity for the industry," said SPDC's General Manager, Business and Government Relations, Simbi Wabote, while receiving the award from the Executive Secretary of the Nigerian Content Development and Monitoring Board, Denzil Kentebe.

PETAN, an association of Nigerian indigenous technical oilfield service companies in the upstream and downstream sectors, also honoured the former Managing Director SPDC and Country Chair Shell Companies in Nigeria (SCiN), Mutiu Sunmonu, with the PETAN Chairman's award in recognition of his support for in-country capacity development. SPDC and Mr. Sunmonu were among corporate bodies and individuals who were honoured at the 10th PETAN Annual Oil Industry Awards Dinner held in Lagos recently.

PETAN Chairman, Emeka Ene, commended the awardees for their efforts, and described 2015 as "a year of celebrating the industry and those who helped to move it forward." He said that Nigeria should continue to actively encourage the development of indigenous manpower and service providers in order to engender lasting growth in the oil and gas industry.

SPDC and other Shell companies in Nigeria continue to make a major contribution to developing the country's human capital and contracting capacity. Some 90% of SCiN contracts were awarded to Nigerian companies in 2014. Their Nigerian content development policies are hinged on indigenous asset ownership and development of human capacity and supplier services. For example, since 2010, SPDC has awarded five-year contracts for the building of 14 vessels to Nigerian companies to encourage Nigerian firms to play more active roles in the maritime sector. Ownership of key assets such as rigs, helicopters and marine vessels is another area of key focus.

It is recalled that PETAN had in 2013 honoured Shell Companies in Nigeria with the Local Content Operator of the Year award.

Issued by: Precious Okolobo

Corporate Media Relations Manager

+234 80702 65019

December 20, 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 press release 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 press release 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 press release 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 press release 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 press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, December 20, 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 press release.


We may have used certain terms, such as resources, in this press release 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.


Page Tools