This would help drive innovation and allow Nigeria to actualize the National Association of Petroleum Explorationists’ (NAPE) 37th Annual International Conference and Exhibition’s aspiration of expanding Nigeria’s petroleum landscape through digitalization, innovation and emerging technologies.

Country Chairman of Shell Companies in Nigeria, and Managing Director, SPDC, Mr. Osagie Okunbor, said, “Shellhas collaborations with the academia in Nigeria and now has two successful centres of excellence that promote the emergence of industry-ready graduates at university level.”

Osagie told the NAPE conference (which included the GMD, NNPC, Mallam Mele Kyari), in Lagos, that the Centre of Excellence in Geosciences and Petroleum Engineering at the University of Benin established in 2012, the Rivers State University Centre of Excellence in Marine and Offshore Engineering established in 2017, along with SPDC’s six Professorial Chairs and the Sabbatical & Internship programmes in key areas, grow skills within Nigerian universities for the industry.

Okunbor (represented by Shell General Manager, Exploration, Mr. Dan Agbaire) said, “Every year, since 1980, 10 Nigerian professors and 25 research interns commence one-year research programmes in SPDC and share their findings with SPDC in fields such as biodiversity, petroleum engineering, geophysics, impact assessment, community health and oil and gas exploration, contributing to providing critical industry input into higher education in Nigeria.”

He described these programmes as examples of necessary steps to enable the NAPE aspiration of expanding Nigeria’s petroleum landscape through digitalization, innovation and emerging technologies.

Okunbor called for the right investment climate, to enable the expansion of Nigeria’s petroleum landscape and enable the increase of Nigeria’s oil production from the current average of 2.3 million b/d to 3 million b/d and boost the country’s proven oil reserves to about 40 billion barrels through further exploration and appraisal.

He said, “The right investment climate would also include strengthening our regulatory bodies, giving priorities to research and further enabling the industry’s financials. I believe that where the investment climate is right, digitalization and deployment of emerging technologies will enable incremental value creation over the coming years.”

“I believe that if we appropriately apply the valuable information and lessons from this conference, our industry will experience a giant leap in transformation. It will support our aspiration of expanding Nigeria’s petroleum landscape, he said.”

“In Shell, digitalization is more than technology. It is also about people and ensuring more agile ways of working”, he continued. “We employ leading data scientists who unlock value from the vast amounts of data that Shell has access to in a responsible manner whilst maintaining customer trust.”

“Across all our businesses, we look for opportunities where we can replicate and use this at any scale. We look to use applicable standard technologies (unless there is a competitive advantage to building proprietary solutions) to change the way we search for and produce oil and gas, design wells, provide energy, or buy goods and services”, he said.

Okunbor said the use of advanced infrastructure and partnership with some of the world’s biggest cloud providers, give the company the capacity for powerful data analytics.

He said, “We are leaders in deploying artificial intelligence and are using it in areas ranging from seismic analysis to drilling and predictive maintenance. All of these we do because we know that digitalization has a big role in delivering all our strategic goals.”

“We can do more. The industry can do more. This future is more in our hands than we think”, he said.

Bamidele Odugbesan
Media Relations Manager
November 19, 2019
Softphone: +234 807 022 8045

Cautionary note

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 announcement 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 announcement, 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 announcement 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 announcement, 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 announcement 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, 2018 (available at and These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, November 19 , 2019. 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 announcement.

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