By Jennifer Y Omiloli
Anglo Dutch supermajor Shell, took Final Investment Decisions on three ventures in Nigeria in 2018, the organization reports in its Annual Report.
FIDs were taken on Assa North, Gbaran Enwhe and Gbaran Nodal Compression ventures (Shell intrigue 30%). The organization likewise referenced advancement in the BSWAP venture.
“In February 2019, we agreed the heads of terms for the resolution of the OML 118 negotiations, including the PSC dispute with the Nigerian National Petroleum Corporation (NNPC), following which we have a clear commercial framework for a potential Bonga South West Aparo FID, and announced an invitation to tender”.
