Over $6.397 billion was paid to the Nigerian government and its agencies in 2018 by Shell exploration and production companies in Nigeria comprising The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo). The payment represents a 48 per cent increase over payments by the companies to Nigerian government in 2017 which was $4.322 billion.
NNPC/Shell Cup announces scholarship for Most Valuable Player …as two MVPs return from training tour in The Netherlands
One of the most outstanding players in the 2017 edition of the annual NNPC/Shell Cup, Ernest Ojelum, has won an International Summer School Scholarship to the United Kingdom.
The in-country Subsea Tree Refurbishment feat by Shell Nigeria Exploration and Production Company (SNEPCo), drew a deafening applause on Monday night as it earned Shell Companies in Nigeria the Best Performing International Company in Technology and Innovation at the awards night of the maiden edition of the Nigeria International Petroleum Summit in Abuja.
Ngozi Deborah Atalor, a Shell Nigeria LiveWIRE entrepreneur has emerged winner of the pitching competition for young Nigerian entrepreneurs in alternative energy business as part of the #makethefuture Accelerator event held in Port Harcourt, taking home N1million prize money to boost her business.
Shell Companies in Nigeria work with government, communities and civil society to fund and implement social programmes that have a lasting impact on people’s lives in the Niger Delta and Nigeria as whole. Some of these investments are mandated by federal legislation, such as requiring all oil and gas producing companies in Nigeria to contribute funds from their annual budgets to the Niger Delta Development Commission, which undertakes sustainable development projects in the Niger Delta.
Latest news from shell Nigeria
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has spent a total of N17billion on the Global Memorandum of Understanding (GMoU) clusters in Rivers State, giving communities a highly valued opportunity to decide and implement projects and programmes that have a lasting impact on people’s lives.
Nigeria’s foremost deep-water oil and gas company, Shell Nigeria Exploration and Production Company Limited (SNEPCo), paid N366 billion in 2018 as revenue to the federal government from its exploration activities, while it made another N2.1 billion as statutory payment to the Niger Delta Development Commission, SNEPCo’s Managing Director, Bayo Ojulari, has said.
The ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2400 Megawatts which is enough to provide uninterrupted electricity to about 2.4 million homes, Managing Director, The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria, Osagie Okunbor said on Monday.
No fewer than 12 young entrepreneurs from host communities to the Bonny Oil and Gas Terminal in Rivers State have benefitted from a N150 million capacity development and empowerment programme by The Shell Petroleum Development Company of Nigeria Limited (SPDC).
Our Social Investments in Nigeria
Shell’s support for educational development involves assisting host communities to provide sustainable and qualitative education that ultimately reaches all the people.
Each year Shell helps thousands of young people to start-up their businesses, develop their skills, and boost their contacts through Shell LiveWIRE.
Our intervention strategy for developing youths in our host communities is aimed primarily at equipping the youths with appropriate skills necessary for creating employment opportunities and places emphasis on self-reliance and entrepreneurship.