Shell Invests $2bn in Nigeria’s Offshore Gas Development
Home > market news
Financial News
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
We use cookies on our websites to improve your user experience and our services, and to analyze the use of our website.
In accordance with NDPR, continuing to use this platform indicates your consent to the processing of your
personal data by Osborne Capital Markets Limited and our partners as detailed in our Privacy Policy.
To learn more, read our Privacy Policy and Data Consent Policy