Nigeria Briefing Notes

For more than 60 years, Shell has invested in Nigeria’s economy and the Nigerian people. Together, we have built robust oil and gas businesses and contributed to neighbouring communities. Our commitment remains strong, even as the content of our asset portfolio changes. We have announced a review of our Nigerian onshore oil investments and these Nigeria Briefing Notes explain how we will focus our ambitions on two key areas:

• Deep-water exploration and production in the Gulf of Guinea, where the renewal of the OML 118 licence for 20 years has opened up further opportunities; and
• Expansion of the gas supply and distribution network within Nigeria and to international markets.

These ambitions align with Shell’s Powering Progress strategy and support Nigeria’s vision to provide reliable, affordable power to its people. In 2021, Nigeria continued to receive the largest concentration of social investment in Shell. Our health-care and education programmes helped thousands more people over the last year. We continue to work to bring energy to off-grid communities through All On, our not-for-profit impact investment company.

We will continue to clean up oil spills, despite the challenges arising from the illegal actions of third parties, such as sabotage and crude oil theft. The clean-up and remediation in the Ogoniland community of Bodo has made solid progress, with around 60% of the area remediated and 300,000 mangrove seedlings planted.

Download the Nigeria Briefing Notes to read more about our successes and how we are tackling the challenges we face.