News Formal

Shell finalises investment on Bonga north deepwater project

  • 📰 thecableng
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

SNEPCo has announced a final investment decision (FID) on Bonga north, a deepwater project off the coast of Nigeria.

says its Nigerian subsidiary, Shell Nigeria Exploration and Production Company Limited , has announced a final investment decision on Bonga north, a deepwater project off the coast of Nigeria.

“The Bonga North project involves drilling, completing, and starting up 16 wells , modifications to the existing Bonga Main FPSO and the installation of new subsea hardware tied back to the FPSO,” the statement reads.Advertisement Speaking on the development, Zoë Yujnovich, Shell’s integrated gas and upstream director, said the FID is another significant investment, which will “help us to maintain stable liquids production from our advantaged Upstream portfolio”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tinubu celebrates Shell, partners’ $5 billion deepwater investment'President Tinubu's strategic engagement with global energy stakeholders has been instrumental in this renewed wave of investments,' a statement said.
Source: PremiumTimesng - 🏆 3. / 78 Read more »