#Shell Petroleum Development Company (SPDC)

[godswill4god]

Rumuekpe Community Protests Shell’s Neglect, Renaissance Africa Energy Company’s Divestment

Rumuekpe Community in Emohua Local Government Area of Rivers State has staged a protest against alleged neglect by Shell Petroleum Development Company (SPDC) despite years of operation in the community. The protest, which is currently ongoing at the community junction along the East/West Road, is also in revulsion to the divestment of Shell’s assets by Renaissance Africa Energy Company Ltd. Nye…

[lagmennet]

Job Opening at Shell Petroleum Development Company (SPDC)

Shell Petroleum Development Company (SPDC) is a pioneer and a leading force in Nigeria’s petroleum industry. We place strong emphasis on investing in our people—evident in our industry-leading development programs and our dedication to nurturing employee ideas from concept to execution. We are committed to fostering an inclusive work environment where every individual can grow and thrive, aligned…

[mouthpiecengr]

BREAKING: Police Provide Update on Rivers Pipeline Explosion, Detain Two for Investigation

The Rivers State Police Command has confirmed that two individuals have been taken in for questioning following the explosion at the Trans Niger Delta Pipeline, operated by Shell Petroleum Development Company (SPDC).  The incident, which occurred between Monday night and Tuesday morning, took place at the border of Kpor and Bodo communities in Rivers State.  In a statement, the Police Public…

[tracknews1]

REBUTTAL: TEKENANE ABAKA REMAINS SUBSTANTIVE CDC CHAIRMAN OF BILABIRI 1 COMMUNITY

**CALLS ON SPDC, GENERAL PUBLIC TO DIS-REGARD LUCKY TUBOTU’S BLASPHEMOUS HALLUCINATION. The leadership of bilabiri 1 community has observed with utmost displeasure the fake and unfounded news circulating on media platforms that Tekenane Abaka is not the CDC chairman and that Shell petroleum development company SPDC and the general public shouldn’t associate whim him. The community leadership in a…

[akeliciousmedia]

NOSDRA Boss Conducts Emergency Evaluation of SPDC's Oil Spill Response in Bonny

The Director General of the National Oil Spillage Detection and Response Agency (NOSDRA), Engr. Chukwuemeka Woke, along with his senior management team, conducted a critical assessment visit to the Shell Petroleum Development Company (SPDC) in Port Harcourt. This urgent visit aimed to evaluate SPDC’s comprehensive efforts in managing the recent oil spill incident in Bonny, which subsequently…

[africaprimenews]

Nigeria: NOSDRA Conducts Critical Assessment Of SPDC's Oil Spill Response In Port Harcourt

The Director General of the National Oil Spillage Detection and Response Agency (NOSDRA), Chukwuemeka Woke, along with his senior management team has conducted a crucial assessment visit to the Shell Petroleum Development Company (SPDC) in Port Harcourt, Rivers State. This visit was to evaluate SPDC’s comprehensive efforts in managing the recent oil spill incident in Bonny, which subsequently…

[caalaadd]

Shell NNPC / SPDC Joint Venture University Scholarship Awards Scheme 2020 / 2021

ngojobsinafrica The Shell Petroleum Development Company of Nigeria Limited (Operator of the NNPC/SPDC /TEPNG/AGIP Joint Venture) runs robust scholarship programmes which date back to the 1950s and have supported thousands of students, most especially from our host communities, many of whom are among Nigeria’s business, political and social leaders. The objective of the SPDC JV scholarship…

[mynewshq]

Oando acquires Nigerian Agip oil company

Oando PLC says it has completed the acquisition of 100 per cent shares of Nigerian Agip Oil Company Limited. The company made this known in a statement on Thursday, saying “Today marks a historic milestone for Oando PLC as we proudly announce the completion of our agreement with Eni for the acquisition of 100 per cent shares of Nigerian Agip Oil Company Limited (NAOC Ltd).” According to a post on its X handle, Oando disclosed that the signing ceremony was held at The Peninsula Hotel in London.It said the signing ceremony cemented its position as Nigeria’s leading indigenous energy solutions provider. This strategic acquisition aligns with our commitment to driving Nigeria’s energy transition and bolstering our portfolio. “We are excited about the growth opportunities this presents for Oando PLC, our shareholders, and the Nigerian energy sector.“We look forward to leveraging the acquired assets to further our goal of providing efficient and sustainable energy solutions for all,” Oando disclosed. In a statement on its website on Thursday, Eni also announced the closing for the sale of its wholly owned subsidiary, Nigerian Agip Oil Company Ltd to Oando.“ The transaction, which received the approval of all relevant authorities, is in line with Eni’s strategy focused on the rationalization of the upstream activities by rebalancing its portfolio and divesting non-strategic assets. “The 5 per cent participating interest in SPDC Joint Venture) is not included in the transaction, as it will be retained in Eni’s portfolio. Eni will continue to be present in the country through investment in deepwater projects and Nigeria LNG, while also exploring new opportunities related to the agri-feedstock sector,” it clarified News HQ reported late July that Eni received the nod of the Nigerian Upstream Petroleum Regulatory Commission to sell its unit, Nigerian Agip Oil Company, to Oando. Eni had disclosed that the NAOC focuses on onshore oil and gas exploration and production as well as power generation. NAOC’s five per cent stake in Shell Production Development Company Joint Venture was not included in the transaction and will remain in Eni’s portfolio, the statement stated. “Eni remains committed to the country through investments in deepwater projects and Nigeria LNG”, it said. News HQ reports that a number of the international oil companies in Nigeria have divested to the deepwater. In September 2023, Oando announced plans to acquire the NAOC, but the deal was delayed due to regulatory approvals required. On July 3, the NUPRC announced that Oando had completed the acquisition of 100 per cent shares of Eni in its subsidiary, NAOC, adding that an announcement was imminent. A few weeks after,, the Italian oil company said it has obtained all other relevant local and regulatory authorities’ authorisations. “Having already obtained all other relevant local and regulatory authorities’ authorisations, this achievement will allow Eni to proceed to the completion of the transaction for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd), Eni’s wholly owned subsidiary focusing on onshore oil & gas exploration and production as well as power generation in Nigeria, to Oando PLC, Nigeria’s leading national energy solutions provider, listed on both the Nigerian and Johannesburg Stock Exchange,” it stated. Read the full article

[tjnewsnigeria]

Agip Oil Company sold to Tinubu’s Nephew. Italian oil giant Eni announced on Wednesday that it had received approval from the Nigerian government to proceed with the proposed sale of Nigerian Agip Oil Company (NAOC) to Oando, managed by Wale Tinubu, President Bola Tinubu’s nephew. “Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for the sale of NAOC Ltd to Oando Plc,” stated Eni in a press release. Read Also : President Tinubu Fires Top Appointee Over Alleged N1.4 Billion Embezzlement The sale will allow Agip to concentrate on its offshore operations. This move comes after an exclusive report by Peoples Gazette, which highlighted that one of the conditions for restoring Eni and Shell’s oil prospecting licence OPL 245 last year was the transfer of Eni’s onshore assets to Oando. “Having already obtained all other relevant local and regulatory authorities’ authorisations, this achievement will allow Eni to proceed to the completion of the transaction for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd), Eni’s wholly owned subsidiary focusing on onshore oil & gas exploration and production as well as power generation in Nigeria, to Oando PLC, Nigeria’s leading national energy solutions provider,” Eni added. Read Also : Airport Filled Up as Governors, Senators, Rep Members, and Ministers Flee Abroad Amidst Protest Fears – Fayose However, Eni excluded a five percent stake in the Shell Production Development Company Joint Venture (SPDJV) from the transaction. “NAOC Ltd’s participating interest in SPDC JV (Shell Production Development Company Joint Venture – operator Shell 30%, TotalEnergies 10%, NAOC 5%, NNPC 55%) is not included in the perimeter of the transaction and will be retained in Eni’s portfolio,” the statement clarified. Initially, officials from the Nigerian National Petroleum Corporation Limited (NNPCL) opposed the sale, arguing that Eni lacked the necessary authorization. However, they eventually relented upon discovering that the president had a personal stake in the transaction, sources told The Gazette. The acquisition of NAOC by Oando marks a significant shift in Nigeria’s oil and gas sector, raising questions about potential conflicts of interest given the familial connection to President Tinubu.

[reportafrique]

TotalEnergies Plans to Sell Nigerian Onshore Oil Business Following Shell's Exit

During a presentation of its financial results, TotalEnergies CEO, Patrick Pouyanne, revealed the company's intention to divest its minority stake in a significant Nigerian onshore oil joint venture, echoing Shell's recent departure from the sector. Pouyanne highlighted the company's strategic decision to restructure its portfolio, citing challenges in producing oil in the Niger Delta that are not aligned with their Health, Security, and Environmental policies. "We want to divest our share of SPDC, and we are looking to reshape the portfolio," Pouyanne stated. "Fundamentally it’s because producing this oil in the Niger Delta is not in line with our policies; it’s a real difficulty." Despite this move, TotalEnergies aims to retain its Nigerian gas assets, recognizing their importance for future expansion in liquefied natural gas development. The Shell Petroleum Development Company of Nigeria Limited (SPDC), in which TotalEnergies holds a 10% interest, has faced challenges with onshore oil spills due to theft, sabotage, and operational issues, leading to costly repairs and legal disputes. TotalEnergies' decision to divest from Nigeria's onshore sector follows a trend among International Oil Companies (IOCs) seeking to focus on newer, more profitable ventures. The company remains a significant player in the country's offshore fields. In recent developments, TotalEnergies announced the commencement of operations at the 14,000 bpd Akpo West oilfield, located 135 kilometres off the coast. The Nigerian onshore oil industry has seen major international oil companies exiting, paving the way for local players. Shell's recent agreement to sell its 30% stake in SPDC to a consortium of local companies for up to $2.4 billion reflects this trend. Other IOCs like ExxonMobil and Norway’s Equinor have also divested assets in Nigeria to focus on more lucrative operations elsewhere. Read the full article

[lagmennet]

Bonga Operations Technician at Shell Petroleum Development Company (SPDC)

Shell Petroleum Development Company (SPDC) is the pioneer and leader of the petroleum industry in Nigeria. We invest heavily in our employees, which is reflected in our industry-leading development programme and our commitment to see our employees’ ideas travel and come to fruition. We are recruiting to fill the position below: Job Title: Bonga Operations Technician Job Requisition ID:…

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Requirements For NNPC / SPDC - JV Regional Livewire Nigeria Programme | How to Apply

Shell Petroleum Development Company (SPDC) is the pioneer and leader of the petroleum industry in Nigeria. We invest heavily in our employees, which is reflected in our industry-leading development programme and our commitment to see our employees’ ideas travel and come to fruition. Continue reading Untitled

[pressgisttv]

Requirements For NNPC / SPDC - JV Regional Livewire Nigeria Programme | How to Apply

Shell Petroleum Development Company (SPDC) is the pioneer and leader of the petroleum industry in Nigeria. We invest heavily in our employees, which is reflected in our industry-leading development programme and our commitment to see our employees’ ideas travel and come to fruition. Continue reading Untitled

[gistlegit]

Job Vacancy: Senior Project Planning Engineer at Shell Petroleum Development Company (SPDC)

[saynaija]

President Tinubu Assures Investors Of Policy Consistency, Restates Nigeria's Readiness For Business

President Tinubu Assures Investors Of Policy Consistency, Restates Nigeria’s Readiness For Business President Bola Ahmed Tinubu has assured the business community of his government’s commitment to policy consistency and better business climate to attract investment. The President spoke Monday while receiving the delegation of the Shell Petroleum Development Company (SPDC) led by the Global…

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How To Apply For Shell Scholarship 2021/22 - SPDC JV Scholarship Application

How To Apply For Shell Scholarship 2021/22 – SPDC JV Scholarship Application

The Shell Petroleum Development Company of Nigeria Limited (Operator of the NNPC/SPDC /TEPNG/AGIP Joint Venture) is offering a scholarship to all interested applicants who want to take part in the program. In this article, you’ll know more about the Shell scholarship opportunity, the criteria, and how to apply for free. Continue reading