JamzNG Latest News, Gist, Entertainment in Nigeria
• Opportunities for local content swell
• Optimistic of Totellegies on Ntokon Fid, Rollies FG, Agencies
After sanctioning a Bonga North Deepwater project of $ 5 billion in the Niger Niger delta in December 2024, Shell yesterday announced that he would proceed with a final investment decision (FID) on the Bonga Southwest project by 2027.
The general manager, contracts and supply at the SHELL Nigeria Exploration and Production Company Limited (Snepco), Charles Oranyeli, revealed it to Yenagoa, in the state of Bayelsa during his presentation at the Fair of Obilities of Oil and Nigerian Gas (Nogof) 2025 organized by the Nigerian Content Development Council (NCDMB).
Likewise, Totellegies expressed optimism in taking a FID in his recently discovered oil field, Ntokon, stating that he was currently in consultation with the federal government and the competent agencies to make it.
The two petroleum majors made the announcements while showing the opportunities of local content that abound in their projects, both those carried out in the past, those in progress and those who expect, in line with the aim of the Nigerian Oil and Gas Industry Development Development (Nogicd) Act of 2010.
The theme of the conference was “to guide the investments and the growth of production: to model the sustainable future for the oil industry and the Nigerian gas through the development of indigenous capacity”.
By hooking the projects of his organization in Nigeria, located in the lease of oil mining (OML) 118, with immense local content opportunities, Oranyeli mentioned Bonga Main, Bonga North and Bonga South West.
For Bonga Main, he said that Shell wants to prolong the life of the Asset, who requested to transport maintenance around (Tam) in the first quarter of 2026.
He added that the company would take advantage of Tam’s opportunity to ensure that they deal with critical systems that would allow Bonga to produce for another 15 years.
“So, we have many opportunities around all the normal things we do in the maintenance of the turnaround.
“So, we will see some details on these opportunities such as security ships, barks, hotels and, of course, helicopter services,” said Oranyeli.
On Oml 135, he said that Shell was still under the feasibility phase, stressing that there are great opportunities for local contractors in the project.
For shallow water projects foreseen between 2025 and 2030, he listed the asset H1, which is found in Oml 144 where Shell has a joint venture with Sunlink.
According to the general manager, the project has enormous job opportunities for local companies in sectors such as well -perforation, wells are among others, but we are actually taking advantage of the existing infrastructures to ensure that.
Oranyeli also said: “So it is also a good for people who want to look at opportunities in the sector. So, where are we in terms of all our projects? Once again, remember that I talked about the extension of the main life of the Bonga.
“We must make sure that within 15 years we have our full bonga, also bringing us back to the 225,000 barrels of oil a day. And that’s why we have many of further development opportunities, which we have matured.
“As I said before, Bonga North Tranche 1, we have already taken Fida, is now where we are trying to perform.
“Once again, Bonga Southwest will take FID by 2027, and therefore we are working all the concepts to make it.” [ThisDay]
