Shell at a glance

Shell has been active in Nigeria since 1937.  Our business activities in Nigeria are exploring and producing oil and gas onshore as well as offshore and gas sales and distribution. Shell also has an interest in Nigeria’s largest liquified natural gas plant (NLNG). Our offices are based in Port Harcourt, Warri, Lagos, and Abuja.

Our values
Our core values of honesty, integrity and respect for people form the basis of the Shell General Business Principles.

Our business activities in Nigeria

• The Shell Petroleum Development Company of Nigeria Ltd (SPDC) operates Nigeria’s largest oil and gas joint venture on behalf of: government-owned Nigerian National Petroleum Corporation (55%), SPDC (30%), TEPGN (10%) and NAOC (5%). 
• Shell Nigeria Gas (SNG) is the only international oil and Gas Company to set up a gas distribution company in Nigeria to supply industry customers.
• Shell Nigeria Exploration and Production Company (SNEPCO) operates the Bonga, Nigeria’s first deepwater oil discovery. The Bonga facility has the capacity to produce more than 200,000 barrels per day of oil and 150 MM standard cubic feet of gas per day.

Shell In Nigeria by numbers

• Since the 1960s, SPDC has been at the forefront of efforts to develop Nigeria’s gas resources and is currently the sole supplier of gas to domestic customers. We currently produce about 70% of Nigeria’s gas supply.
• Although its footprint impacts directly in only a tiny fraction of the Niger Delta, SPDC’s operations in the Niger Delta are spread over 30,000 square kilometres. They include a network of more than 6,000 kilometres of flowlines and pipelines, 90 oil fields, 1,000 producing wells, 72 flowstations, 10 gas plants and two major oil export terminals at Bonny and Forcados.
• SPDC operates the Bonny crude oil terminal, is the largest of its kind in Africa. The Bonny associated gas plant can harness 20 million standard cubic feet of gas a day – enough to provide power to more than 200,000 average European households.
• Mutiu Sunmonu is the Country Chair for the Shell Companies in Nigeria

Our contribution
Our main contribution to communities in the Niger Delta is through the taxes and royalties we pay to the federal government.

The joint venture operated by The Shell Petroleum Development Company of Nigeria Limited (SPDC) has contributed about $31 billion to the government in the past five years (2006–2010). The Federal Government receives about 95% of the revenue after costs from the SPDC operated joint venture. The Shell Nigeria Exploration and Production Company of Nigeria Limited (SNEPCo) – which operates our offshore business in deep water – has paid about $3.8 billion in tax and royalties over the last five years.

In addition to generating revenue, Shell companies in Nigeria actively promote projects in the Niger Delta that support small businesses, agriculture, training, education, health care and capacity building (see separate Improving lives in the Niger Delta briefing note). Much of this is done in partnership with the government and the Niger Delta Development Commission.

In 2010, Shell operations contributed $161.13 million (Shell share $59.8 million) to the commission, as required by law. SPDC and the joint venture partners contributed directly a further $65.6 million (Shell share $19.7 million) to community development projects, many of which were delivered in partnership with others. We work together with government agencies, companies, local and international NGOs, and the United Nations Development Programme (UNDP). Shell also pays a share of its profits into an education fund for the rehabilitation, restoration and consolidation of education in Nigeria.

Read more about our contributions in Nigeria.

Shell is a global group of energy and petrochemical companies. Our headquarters are in The Hague, the Netherlands, and our Chief Executive Officer is Peter Voser. The parent company of the Shell group is Royal Dutch Shell plc, which is incorporated in England and Wales.

Our strategy to generate profitable growth remains to drive forward with our investment programme, to deliver sustainable growth and provide competitive returns to shareholders, while helping to meet global energy demand in a responsible way.

In Upstream we focus on exploring for new oil and gas reserves and developing major projects where our technology and know-how adds value to the resource holders.

In Downstream our emphasis remains on sustained cash generation from our existing assets and selective investments in growth markets.

Read more about our strategy and major projects.

Our core values of honesty, integrity and respect for people form the basis of the Shell General Business Principles.

Shell by numbers (figures for 2011)

+80 countries where we operate
~90,000 number of employees
48% of our production is natural gas
18.8 million tonnes of LNG sold during the year
3.2 million barrels of gas and oil we produce every day
43,000 Shell service stations worldwide
30+ refineries and chemical plants we run

Our Businesses

Upstream explores for and extracts crude oil and natural gas.

Downstream refines, supplies, trades and ships crude worldwide, manufactures and markets a range of products, and produces petrochemicals for industrial customers.

Projects & Technology manages delivery of Shell’s major projects and drives the research and innovation to create technology solutions.

Financial performance

• View our latest quarterly results  

2011

• Revenue: $470.2 billion
• Income: $31.2 billion
• Capital investment: $31.1 billion
• Investment in research and development: $1.1 billion

Fast facts for sustainable development

• $2.3 billion spent on developing alternative energies, carbon capture and storage, and on CO2 R&D over the past five years.
• Almost $12 billion spent on goods and services in 2011 from companies in countries with lower incomes.
• ~$125 million spent on voluntary social investments in 2011.

Learn more about our social and environmental performance