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Shell Nigeria Exploration and Production Company began offshore activities in 1993 with the objectives of discovering and producing hydrocarbons from Nigeria's frontier areas and a vision of becoming Africa's leading deepwater oil and gas company.
A production-sharing contract was signed with the Nigerian National Petroleum Corporation (NNPC) in 1993 and five exploration blocks were awarded at that time. Extensive seismic surveys in 1994 - 1995, resulted in the discovery of the Bonga field, the premier deep-water field in Nigeria.
In May 2001, SNEPCO made a discovery in Bonga South West, production from the Bonga field started in 2005.
SNEPCO operates in a highly complex and challenging commercial environment and is committed to achieving profitability while demonstrating corporate responsibility that reflects the Shell Group’s Business Principles and commitment to sustainable development. The company is committed to harnessing opportunities in Nigerian deep water - operated and non-operated - to maximise value and assist in achieving the Nigerian government's aspiration of achieving an oil production capacity of 4 million barrels per day by 2010.