Shell invests $2bn in new offshore gas project in Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced that it has reached a final investment decision (FID) for the HI offshore gas development project in Nigeria.

The approval, made in collaboration with Sunlink Energies and Resources Limited, paves the way for a $2 billion investment into the shallow offshore HI field located in OML 144.

Details Later…

Shell