IN recent years, Africa’s investment climate has seen significant fluctuations, with Foreign Direct Investment (FDI) ...

A report has warned of a possible negative impact of unstable global oil prices and its implications for the federal ...

This investment will largely go toward expanding the Bonga oil field project, an ambitious initiative, aimed at boosting Nigeria’s oil production capacity and supporting Shell’s position in ...

Shell (LON:SHEL) Nigeria Exploration and Production Company Limited (SNEPCo), part of Shell ... current Bonga Main FPSO and the installation of new subsea infrastructure that will connect back to the ...

TechnipFMC (NYSE:FTI) said it has been awarded a contract by Shell Nigeria Exploration and Production Company Limited to supply Subsea 2.0 production systems for the Bonga North development in ...

Dec 16 (Reuters) – Shell said on Monday its Nigerian subsidiary has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. (Reporting by ...

Nigeria needs improved security, improved investment, and a proper regulatory framework to achieve its target of producing 2.06 million barrels ...

on the Bonga North Deep Offshore Field. The President said the landmark development, Nigeria’s first deepwater oil project in over a decade, underscores the transformative impact of the ...

While describing the achievements in the energy sector as commendable, TMV in a statement signed by Mr Chukwudi Enekwechi its Chairman, noted that the investment inflow was a consequence of the ...