SEO Riders:
– Shell reaffirms investment in Bonga field and deep‑water projects to boost Nigeria’s oil output.
– Company aligns with Nigeria’s net‑zero 2050 goal via “Powering Progress” low‑carbon strategy.
– MD calls for enabling policies and collaboration with regulators to sustain growth and decarbonisation.
At the 2025 Nigeria Oil and Gas Conference in Abuja, Ronald Adams, Managing Director of Shell Nigeria Exploration & Production Company (SNEPCo), reiterated Shell’s commitment to Nigeria’s energy sufficiency agenda. Highlighting the expansion of Shell’s stake in the Bonga field, alongside Final Investment Decisions (FIDs) on the Bonga North, Bonga Southwest, and HI deep‑water projects, Adams described these moves as a strong vote of confidence in Nigeria’s energy future. He emphasised that Shell plans to enhance efficiency and add value across the hydrocarbon value chain, working closely with NUIMS and other key stakeholders.
Adams also outlined how Shell’s refreshed “Powering Progress” strategy will accelerate the company’s shift to low‑carbon energy operations by the early 2030s—a key component of Nigeria’s broader goal of achieving net‑zero from fossil fuels by 2050. He stressed that combining optimized hydrocarbon investment with “quick-win” renewables is essential to reliably serve a growing population while progressing toward decarbonization. Adams urged the Nigerian government to maintain supportive policies and create a conducive regulatory environment to enable industry players to thrive during this transition.
