Shell Says There's Bright Future For Nigerian Companies In Offshore Developments
Shell Nigeria Exploration and Production Company Ltd, SNEPCo, says Nigerian companies have a lot to benefit if they are prepared to take advantage of more opportunities in its offshore and shallow water oil and gas projects.
Shell Nigeria Exploration and Production Company Ltd, SNEPCo, says Nigerian companies have a lot to benefit if they are prepared to take advantage of more opportunities in its offshore and shallow water oil and gas projects.
SNEPCo MD, Ronald Adams spoke at the 5th Nigerian Oil and Gas Opportunity Fair, NOGOF, in Yenagoa, Bayelsa State, on Thursday, noting that projects like the Bonga Southwest Aparo, Bonga North and Bonga Main Life extension could grow Nigerian businesses and improve their expertise if they applied themselves seriously to executing higher value contracts.
"SNEPCo pioneered Nigeria’s deepwater frontier with the Bonga development as the first deepwater oilfield exploration and production venture in the country,” Ronald said in his speech read by the Head Supply Chain, Charles Oranyeli.
"SNEPCo pioneered Nigeria’s deepwater frontier with the Bonga development as the first deepwater oilfield exploration and production venture in the country,” Ronald said in his speech read by the Head Supply Chain, Charles Oranyeli.
According to him, “Our operations have greatly benefited Nigerian businesses, and we expect them to get ready to take up more opportunities.”
He further said that Nigerian companies could upscale their skills and continue to offer services in logistics, drilling, fabrication and construction of subsea manifolds, mooring and loading systems, pressure vessels and provision of gas processing equipment in deep water, as well as procurement and civil works in shallow water.
Ronald also said that since starting production at Bonga in 2005, SNEPCo has been supporting Nigerian contractors and service providers to grow their capacity through the development of systems and a competent workforce with the aim to deliver projects safely, on time and within budget, not only in Nigeria but also in the West African subregion.
He further said that Nigerian companies could upscale their skills and continue to offer services in logistics, drilling, fabrication and construction of subsea manifolds, mooring and loading systems, pressure vessels and provision of gas processing equipment in deep water, as well as procurement and civil works in shallow water.
Ronald also said that since starting production at Bonga in 2005, SNEPCo has been supporting Nigerian contractors and service providers to grow their capacity through the development of systems and a competent workforce with the aim to deliver projects safely, on time and within budget, not only in Nigeria but also in the West African subregion.
“SNEPCo sees Nigerian content development as a business driver and not a regulatory requirement, and will continue to support our companies to play even bigger roles in their support for oil and gas operations," Ronald added.
In his own remarks, the Head Supply Chain, Shell Nigeria Exploration and Production Company Ltd, SNEPCo, Charles Oranyeli, said that efforts have enabled Nigerian companies to play prominent roles in the safe and efficient operations of the Bonga Floating Production, Storage and Offloading, FPSO, vessel, which produced the 1-billionth barrel of oil from the field on February 3, 2023.
In his own remarks, the Head Supply Chain, Shell Nigeria Exploration and Production Company Ltd, SNEPCo, Charles Oranyeli, said that efforts have enabled Nigerian companies to play prominent roles in the safe and efficient operations of the Bonga Floating Production, Storage and Offloading, FPSO, vessel, which produced the 1-billionth barrel of oil from the field on February 3, 2023.
The three-day NOGOF is being hosted by the Nigerian Content Development and Monitoring Board, NCDMB, with the theme: “Driving Investment and Production Growth: Shaping a Sustainable Future for Nigeria’s Oil and Gas Industry Through Indigenous Capacity Development.”
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