Shell grows Bonga oil production to 800m barrels

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Nigeria’s $406.7m suit against Shell adjourned to Oct. 9

Shell grows Bonga oil production to 800m barrels – Crude oil production from the deepwater asset of the Shell Nigeria Exploration and Production Company (SNEPCo), Bonga field, has reached over 800 million barrels.

Shell’s Media Relations Manager, Bamidele Odugbesan, in a statement, said the feat was achieved in 13 years of production from the field.

He added it confirms the oil giant as a pacesetter in offshore oil and gas production in the Gulf of Guinea.

In its review of the performance of the Bonga Floating Production, Storage, and Offloading (FPSO) vessel for 2018, SNEPCO’s Managing Director, Bayo Ojulari, expressed satisfaction with the consistent availability and optimal performance of the vessel which began operation at the Bonga field in OML 118 in 2005.

Its is under a production sharing contract with the Nigeria National Petroleum Corporation (NNPC).

“We are relentless in our pursuit of excellence on all fronts, and this we have consistently demonstrated with the management of Bonga to the satisfaction of our government and co-venture partners,” Ojulari said in Lagos yesterday.

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About Haruna Magaji 2424 Articles
Haruna Magaji is a journalist, foreign policy expert and closet musician. He is a graduate of ABU Zaria and a member of the Nigerian union of journalists. JSA, as he is fondly called, resides in Suleja, Abuja. email him at - [email protected]

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