The evolving dynamics in the energy sector, coupled with proactive government policies aimed at attracting investment into the oil and gas industry for national economic growth, are beginning to yield tangible results. This is evidenced by the recent Final Investment Decision (FID) announcement by Shell Nigeria Exploration and Production Company Limited (SNEPCo) to invest $5 billion in the Bonga North Deepwater Project. The Bonga North Project, a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility, will involve the drilling, completion, and start-up of 8 production…
Read MoreNAPE Lauds $5Bn Bonga North FID, Proactive Policies
