Would you like to receive notifications on latest updates of the following headlines?

SNEPCo Urges Indigenous Firms to Enhance Skills for Future Opportunities

POSTED ON May 23, 2025 •   BUSINESS & ECONOMY      BY Abiodun Saheed Omodara
Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ronald Adams

The Shell Nigeria Exploration and Production Company Limited (SNEPCo) has urged Nigerian firms to strategically prepare themselves to seize the expanding opportunities presented by its deepwater and shallow offshore oil and gas projects. 

The Managing Director of SNEPCo, Ronald Adams, made this appeal during the fifth edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF), which took place in Yenagoa, Bayelsa state.

The three-day NOGOF 2025, organized by the Nigerian Content Development and Monitoring Board (NCDMB), is focused on the theme: ‘Driving Investment and Production Growth: Shaping a Sustainable Future for Nigeria’s Oil and Gas Industry Through Indigenous Capacity Development’.

Adams, represented by Charles Oranyeli, the Head of Supply Chain at SNEPCo, highlighted the potential of future projects such as Bonga South West Aparo, Bonga North, and the life extension of Bonga Main to enhance local capacity and improve the technical skills of Nigerian companies.

“With the Bonga development, which was Nigeria’s first deepwater oilfield exploration and production project, SNEPCo has played a significant role in benefiting Nigerian enterprises, and we anticipate that they will be ready to embrace more opportunities,” Adams remarked.

He emphasized that Nigerian firms could enhance their skills and continue providing services in logistics, drilling, fabrication, subsea manifold construction, mooring and loading systems, pressure vessels, and gas processing equipment for deepwater projects.

Additionally, there are opportunities in procurement and civil works for shallow water projects.

Since it began production at Bonga in 2005, SNEPCo has been committed to enhancing the abilities of local contractors and service providers by supporting workforce development and establishing efficient systems aimed at completing projects safely, effectively, and within budget.

Adams noted that these initiatives have empowered Nigerian companies to take on essential roles in the safe operation of the Bonga Floating Production Storage and Offloading (FPSO) vessel, which celebrated a milestone with the production of its one-billionth barrel of oil on February 3, 2023.

“SNEPCo views the development of Nigerian content as a crucial business strategy and not merely a regulatory obligation, and we will continue to assist our companies in assuming even greater responsibilities in supporting oil and gas operations,” he further added.

As one of the event's sponsors, SNEPCo reaffirms its commitment to national economic advancement and community development through an exhibition booth dedicated to these goals.

READ ALSO
FG Partners CILSS to Enhance Food and Nutrition Safety in Nigeria
BY Abiodun Saheed Omodara July 16, 2025 0

The Federal Government is intensifying its initiatives to improve food and nutrition safety through...

READ ALSO
Dangote Aims to Cut Cooking Gas Prices, Plans Direct Sales to Consumers
BY Abiodun Saheed Omodara July 16, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote,  has revealed intentions to lower th...

READ ALSO
US-Nigeria Trade Relations Face Significant Decline Amid New Tariffs
BY Abiodun Saheed Omodara July 14, 2025 0

The trade ties between the United States and Nigeria have encountered a notable decline, with offici...

READ ALSO
FG Commits to Clearing Legacy Debts for Gas Producers
BY Abiodun Saheed Omodara July 12, 2025 0

The Federal Government has announced its intention to clear all due payments to gas producers, inclu...

READ ALSO
Solid Minerals Minister Addresses Blackmail Against Mining Marshals, Vows Sector Reforms
BY Abiodun Saheed Omodara July 12, 2025 0

The Minister of Solid Minerals Development, Dr. Dele Alake, has stated that the Mining Marshals (MM)...

READ ALSO
Senate Calls for Reassessment of Nigeria's Power Sector Strategy
BY Abiodun Saheed Omodara July 11, 2025 0

The Senate has urged the Federal Government to reconsider its strategy regarding the power sector, a...

READ ALSO
Crypto Bridge Exchange Collapse Sparks Urgent Senate Inquiry into Ponzi Schemes
BY Abiodun Saheed Omodara July 10, 2025 0

The Senate initiated an extensive investigation into the surge of Ponzi schemes across the nation, o...

READ ALSO
IMF Commends FIRS for Reforms, Pledges Continued Support
BY Abiodun Saheed Omodara July 10, 2025 0

The International Monetary Fund has expressed its support for the ongoing reforms at the Federal Inl...

OUR CHANNELS:

Oyo Speaker Advocate Creation of State Police amidst 700,000 Lives Lost to Insecurity
BY Abiodun Saheed Omodara July 17, 2025 0

The Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, has advocated for the creation of s...


Police kill six suspected kidnappers in Delta
BY Abiodun Saheed Omodara July 17, 2025 0

The Delta Police Command reports that six kidnapping suspects have been eliminated in the state.&nbs...


US-Nigeria Trade Relations Face Significant Decline Amid New Tariffs
BY Abiodun Saheed Omodara July 17, 2025 0

The trade ties between the United States and Nigeria have encountered a notable decline, with offici...


President Tinubu Leads Tributes for Buhari and Oba Adetona
BY Abiodun Saheed Omodara July 16, 2025 0

President Bola Tinubu has guided countless Nigerians in grieving the loss of his predecessor, Muhamm...


Buhari Dies in London after Brief Illness
BY Abiodun Saheed Omodara July 14, 2025 0

Nigeria’s immediate past president, Muhammadu Buhari, has died in London. Buhari died on Sund...


SERAP files Lawsuit against NNPCL over Missing $2.5bn, N825bn for Refinery Rehabilitation
BY Abiodun Saheed Omodara July 14, 2025 0

SERAP files lawsuit against NNPCL over missing $2.5bn and N825bn earmarked for refinery rehabilitati...


Accord Party Calls for Abolishment of State Electoral Commissions to Restore Election Integrity
BY Abiodun Saheed Omodara July 13, 2025 0

The Accord Party has emphasized the necessity for the National Assembly to eliminate the State Indep...


Tinubu Returns to Abuja after Successful Diplomatic Missions in Saint Lucia and Brazil
BY Abiodun Saheed Omodara July 16, 2025 0

ABUJA, Nigeria - President Bola Tinubu returned to Abuja late Saturday following official trips to S...


Leadership Crisis Hits Benue ADC as Over 500 Members Defect Back to PDP
BY Abiodun Saheed Omodara July 16, 2025 0

The Benue chapter of the African Democratic Congress (ADC) is currently enmeshed in a leadership cri...


Voter Apathy: Young Residents Express Doubts About Electoral Process
BY Abiodun Saheed Omodara July 16, 2025 0

LAGOS, Nigeria- Despite appeals for civic engagement from election officials and stakeholders during...


More Articles

Load more...

Menu