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Shell Invests $2bn in Nigeria’s Offshore Gas Development

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Shell Invests $2bn in Nigeria’s Offshore Gas Development

15 Oct, 2025

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc, in partnership with Sunlink Energies and Resources Limited, has taken a final investment decision (FID) on the HI gas project offshore Nigeria, valued at $2 billion. The project, when completed, will supply 350 million standard cubic feet (approximately 60 thousand barrels of oil equivalent) of gas per day at peak production to Nigeria LNG (NLNG; Shell interest 25.6 per cent), which produces and exports liquefied natural gas (LNG) to global markets. According to a statement, production is expected to begin before the end of this decade........................….......READ MORE