Energy
Shell to start gas production at expanded Nigeria project
By AKANNI HAMDALAT OPEYEMI
Anglo-Dutch oil major, Royal Dutch Shell, has started gas production from the second phase of the Gbaran-Ubie project in Nigeria’s Niger Delta, the company said on Wednesday.
The project is an expansion of the Gbaran-Ubie development which opened in June 2010. Shell, through its Shell Petroleum Development Company of Nigeria subsidiary, said the project would reach peak production of around 175,000 barrels of oil equivalent per day in 2019.
ALSO SEE: Shell reiterates commitment to Nigeria, contributes $29bn in four years
Shell Petroleum Development Company of Nigeria is the operator of a Nigerian joint venture between state-owned Nigerian National Petroleum Corporation (NNPC), Total E&P Nigeria and ENI subsidiary Nigerian Agip Oil Company.
-
Business1 week agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Business5 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business6 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business6 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business4 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Latest7 days agoHamzat meets Pastor Chris Oyakhilome, hails Christ Embassy’s community impact
-
Business4 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Business6 days agoAugust inflation faces upward pressure despite disinflation trend – Analysts