Nigeria: SNEPCo named ‘major oil company of the year'
Shell Nigeria Exploration and Production Company (SNEPCo) Named Major Oil Company of the Year
Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year for 2023.
The award, presented by Nigerian publication Energy Times, recognises SNEPCo's contributions to deep-water oil and gas development and the industry as a whole.
Energy Times also conferred the title of Amazon of Nigeria's Oil Sector 2024 on Mrs. Elohor Aiboni, a former Managing Director of SNEPCo who is currently on international assignment in Brunei.
The awards were presented to SNEPCo's Senior Operations Manager, Bolanle Odunayo-Ojo, who represented the Managing Director, Ronald Adams, at a ceremony attended by key stakeholders in the oil and gas sector.
Related WACT-APM Terminals named 'most outstanding terminal operator of the year' Onne port processes N2.3bn agricultural exports in 2025 Q1 — Customs Nigeria, South Africa sign pact on mining development
'We are honored to receive these recognitions for the company and our former Managing Director, as they underscore our dedication to excellence in the upstream sector,' Bolanle stated. 'These modest achievements result from teamwork and the support of our partners, particularly the Nigerian National Petroleum Company Limited and regulatory agencies. The awards encourage us to continue working together to power progress and innovation in Nigeria's energy landscape.'
SNEPCo has been a pioneer in Nigeria's deep-water oil and gas production since it began operations at Bonga in 2005—Nigeria's first deep-water well. Gas from Bonga is also piped to the Nigeria Liquefied Natural Gas Company Limited at Bonny Island. SNEPCo's operations have led to significant discoveries, including Bonga Southwest in 2001 and Bonga Northwest, which began production on August 5, 2014.
In its citation, the Board of Directors of Energy Times highlighted the continued success of Bonga, including the production of its one-billionth barrel of oil in February 2023 and the recent Final Investment Decision on the $5 billion Bonga North project.
The award to Mrs. Aiboni recognizes a distinguished career marked by leadership roles within and outside Nigeria. Appointed Managing Director of SNEPCo in 2021, she spearheaded initiatives that enhanced operational efficiency, local content development, and social investment projects across the six geopolitical zones of the country.
Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
04-06-2025
- Arabian Post
Nigeria Awards Bill Gates Third-Highest National Honour
President Bola Tinubu has bestowed Nigeria's third-highest national honour, the Commander of the Order of the Federal Republic , on Bill Gates. The recognition acknowledges Gates's substantial philanthropic contributions to the country, particularly through the Bill & Melinda Gates Foundation, which has invested heavily in public health and agriculture sectors across Nigeria. The conferment took place during a formal ceremony in Abuja, underscoring the Nigerian government's appreciation for Gates's enduring commitment to tackling some of the country's most pressing challenges. The award is one of the highest civilian distinctions in Nigeria, given to individuals who have demonstrated exceptional service and impact in their fields. Bill Gates's foundation has been deeply involved in Nigeria's healthcare system for over two decades, focusing on eradicating infectious diseases such as polio and malaria. Nigeria was declared free of wild poliovirus in 2020, a landmark achievement in which the Gates Foundation played a crucial role by funding vaccination drives and strengthening immunisation infrastructure. The foundation's partnership with the Nigerian government and global health agencies has also targeted maternal and child health, investing in initiatives to reduce mortality rates and improve healthcare delivery in underserved regions. ADVERTISEMENT Agriculture has been another cornerstone of Gates's philanthropic efforts in Nigeria. Recognising the sector's vital role in economic development and food security, the foundation has supported numerous programmes aimed at boosting agricultural productivity and innovation. These initiatives include funding research on climate-resilient crops and providing farmers with access to better seeds, technology, and market information. Such efforts have helped smallholder farmers increase yields and income, while also encouraging sustainable farming practices. President Tinubu, addressing the ceremony, highlighted that awarding Gates reflected Nigeria's gratitude for the substantial socio-economic benefits generated by the foundation's investments. The president described the honour as a symbol of the enduring partnership between Nigeria and the philanthropic community in advancing public welfare. Tinubu also emphasised the importance of sustained collaboration with private and non-governmental actors to accelerate development goals and improve living standards nationwide. Gates, who attended the ceremony virtually, expressed deep appreciation for the honour and reaffirmed his foundation's commitment to Nigeria. He reiterated the importance of investing in health and agriculture as foundations for economic growth and social stability. Gates pointed out that despite progress, challenges such as health system capacity and climate change effects on agriculture require ongoing attention and innovation. He pledged continued support for initiatives that empower communities and foster resilience. Analysts note that Nigeria's decision to honour Gates highlights a broader trend of recognising global philanthropic leaders whose work transcends borders. The Nigerian government has increasingly embraced public-private partnerships to address systemic issues, acknowledging that complex challenges demand diverse resources and expertise. This honour may also encourage other international donors and investors to intensify their engagement with Nigeria, given the country's critical position in Africa's economy and demographic landscape. However, the move has not been without critics. Some voices within Nigeria argue that such awards should prioritise domestic actors and public servants who have directly contributed to national progress. Critics also caution that foreign philanthropic efforts, while beneficial, must align closely with national priorities and be subject to transparent oversight to ensure long-term impact. Despite these concerns, the overall response to Gates's recognition has been largely positive, reflecting a consensus on the value of his foundation's work. ADVERTISEMENT The Gates Foundation's investments in Nigeria are part of a global portfolio that addresses health, poverty, and education, with a growing focus on innovation and technology. Nigeria remains a key beneficiary due to its large population and development needs. The foundation's work complements efforts by other international agencies and governments, creating a multifaceted support network for Nigeria's socio-economic advancement. Nigeria faces persistent challenges in health and agriculture, with disease burdens and food insecurity impacting millions. The government has prioritised reforms and increased budget allocations in these sectors, but resource gaps remain significant. Philanthropic contributions, such as those from the Gates Foundation, provide critical supplementary funding and expertise. The recent honour on Gates symbolises the appreciation of these contributions while signalling a desire for deeper engagement and partnership. Bill Gates's recognition coincides with Nigeria's strategic push to attract investment and innovation to drive sustainable development. It comes at a time when the country seeks to strengthen healthcare infrastructure, boost agricultural output, and improve overall resilience to climate and economic shocks. This award underscores the role that international philanthropic actors play in complementing state efforts and fostering global cooperation on development challenges.
Broadcast Pro
03-06-2025
- Broadcast Pro
NBC and Nigcomsat launch satellite plan to transform broadcasting
For the first time, Nigerian households will gain access to high-quality digital broadcasts via affordable satellite dishes, hybrid devices, and internet-enabled set-top boxes. The National Broadcasting Commission (NBC) and Nigerian Communications Satellite Limited (NIGCOMSAT) have jointly introduced The Big Picture, a flagship initiative under Nigerias renewed Digital Switchover (DSO) project. Backed by President Bola Ahmed Tinubu and in line with his Renewed Hope Agenda, this strategic shift marks a significant step toward transforming Nigerias broadcasting landscape by leveraging the countrys sovereign satellite infrastructure. At the heart of the initiative is NigComSat-1R, Nigerias only communications satellite in orbit, which will play a critical role in delivering Direct-to-Home (DTH) broadcasts across the entire Nigerian territory. This satellite-first approach eliminates the traditional dependence on terrestrial transmission towers, accelerating the nationwide rollout of digital broadcasting by over 65%. It also offers a scalable, cost-effective, and future-ready model for expanding digital access and promoting national storytelling. Key figures, including NBCs Director-General, Barr Charles Ebuebu, and Nigcomsats Managing Director, Jane Nkechi Egerton-Idehen, have welcomed this forward-thinking strategy, emphasising its importance in maximising the use of national satellite assets and ensuring inclusive access to digital content. For the first time, millions of Nigerian households will be able to access high-quality digital broadcasts through affordable satellite dishes, hybrid set-top boxes, and internet-enabled devices. An estimated 10 million homes equipped with DVB-S2-compatible televisions or decoders will have immediate access to free-to-air channels, while others will benefit from next-generation hybrid devices that combine satellite feeds with online streaming capabilities. These new branded devices are designed with the countrys youth-dominated demographic in mindover 60% of the population is under the age of 25. They will feature pre-installed apps, voice search functionality, parental controls, and seamless integration with NigComSats Electronic Programme Guide (EPG), offering an intuitive and engaging user experience. In a data-driven upgrade to Nigerias broadcasting ecosystem, NBC is also partnering with global analytics firm GARB to introduce real-time audience measurement technology. This will enable broadcasters, advertisers and content creators to analyse viewership trends across regions and devices, helping to tailor content more effectively and drive higher audience engagement. The introduction of this system is expected to boost advertising revenue by as much as 300% by 2026. The success of The Big Picture will rely on robust collaboration between public and private stakeholders. The Broadcasting Organisation of Nigeria (BON) and other content partners are expected to supply 60% of programming for the new 120-channel platform, using both original and repurposed content. Meanwhile, local manufacturers will contribute by producing around 5 million compliant devices annually, a move projected to create over 20,000 jobs in assembly plants nationwide. This ambitious initiative also dovetails with President Tinubus By-Nigeria industrial policy, aiming to stimulate local manufacturing, strengthen economic resilience, and champion Nigerian creativity and innovation. As the country transitions to a fully digital future, The Big Picture stands as a transformative blueprint for democratising access to information and revitalizing Nigerias cultural narrative through technology.
Zawya
23-05-2025
- Zawya
Shell tasks Nigerian companies on offshore oil and gas projects
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has urged the Nigerian companies to take advantage of more opportunities in its offshore and shallow water oil and gas projects for their benefits Speaking at the 5th Nigerian Oil and Gas Opportunity Fair (NOGOF) in Yenagoa, Bayelsa State, SNEPCo Managing Director, Ronald Adams, said projects such as Bonga Southwest Aparo, Bonga North and Bonga Main Life extension could grow Nigerian businesses and improve their expertise if they applied themselves seriously to executing higher value contracts. 'SNEPCo pioneered Nigeria's deepwater frontier with the Bonga development as the first deepwater oilfield exploration and production venture in the country,' Ron said in remarks which were delivered by Head Supply Chain, Charles Oranyeli. 'Our operations have greatly benefitted Nigerian businesses, and we expect them to get ready to take up more opportunities, ' he said. Adams said Nigerian companies could upscale their skills and continue to offer services in logistics, drilling, fabrication and construction of subsea manifolds, mooring and loading systems, pressure vessels and provision of gas processing equipment in deep-water, as well as procurement and civil works in shallow water. Since starting production at Bonga in 2005, SNEPCo has been supporting Nigerian contractors and service providers to grow their capacity through the development of systems and a competent workforce with the aim to deliver projects safely, on time and within budget not only in Nigeria but also in the West Arican subregion. The efforts have enabled Nigerian companies to play prominent roles in the safe and efficient operations of the Bonga Floating, Production, Storage and Offloading (FPSO) vessel which produced the 1-billionth barrel of oil from the field on February 3, 2023. Adams added: 'SNEPCo sees Nigerian content development as a business driver and not a regulatory requirement and will continue to support our companies to lay even bigger roles in their support for oil and gas operations.' The three-day NOGOF is being hosted by the Nigerian Content Development and Monitoring Board (NCDMB) with the theme: 'Driving Investment and Production Growth: Shaping a Sustainable Future for Nigeria's Oil and Gas Industry Through Indigenous Capacity Development.' SNEPCo is among the sponsors of the event, and is hosting an exhibition, highlighting its contributions to the development of the Nigerian economy and communities.
