• About Us
  • Privacy Policy
  • Contact Us
  • Advertise With Us
  • Home
Metrowatchonline
Sunday, June 1, 2025
  • Home
  • News
  • Security
  • World
No Result
View All Result
  • Home
  • News
  • Security
  • World
No Result
View All Result
Metrowatchonline
No Result
View All Result
Home Business

Shell’s Osagie Okunbor Expresses Optimism on Nigeria’s Oil and Gas Future at Economic Summit

Speaking on the theme “Fuelling Growth: The Future of Oil and Gas,” Okunbor addressed concerns surrounding the industry, stressing it is far from declining.

Publisher by Publisher
October 18, 2024
in Business, Highlights, Top News
0
Shell’s Osagie Okunbor Expresses Optimism on Nigeria’s Oil and Gas Future at Economic Summit

*L-R: Managing Director, Nigeria Liquefied Natural Gas Limited (NLNG), Philip Mshelbila; Group Chief Operating Officer MRS Holdings, Amina Maina, and Managing Director of The Shell Petroleum Development Company Limited (SPDC) and Country Chair of Shell Companies in Nigeria, Osagie Okunbor, during an oil and gas panel session at the just-concluded 30th Nigeria Economic Summit in Abuja.

By Seyi Babalola

Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared an optimistic outlook on the future of Nigeria’s oil and gas industry during a panel session at    the just concluded Nigeria Economic Summit in Abuja.

Speaking on the theme “Fuelling Growth: The Future of Oil and Gas,” Okunbor addressed concerns surrounding the industry, stressing it is far from declining. “With the enactment of the Petroleum Industry Act and other supporting regulations, the industry is in a much better place,” he remarked. He also noted that recent presidential directives have introduced much-needed coherence to the sector.

Okunbor highlighted Shell’s commitment to its operations in Nigeria, primarily through SPDC and Shell Nigeria Exploration and Production Company (SNEPCo). He said: “Through these companies, we collaborate with partners on knowledge sharing, resource pooling and risk mitigation, leading to more efficient and sustainable operations.”

He emphasised the importance of Shell’s technical expertise and resources in supporting Nigerian operations, which contribute to technological advancement and improved efficiencies.

In addition, Okunbor underscored Shell’s dedication to local content development, which has helped to boost economic growth and create job opportunities for Nigerians. “We actively engage with local communities to address their needs and build sustainable relationships, demonstrating our commitment to social responsibility,” he said.

Okunbor added that Shell would continue to power progress in Nigeria through sustained collaboration for the socio-economic development of the country.

ALSO READ...

Moody’s Upgrade of Nigeria’s Credit Rating, Positive Sign to Investors, Tinubu Says

PSG Thrash Inter Milan 5-0 to Win First Champions League Title

Tags: NESGOil and GasOsagie OkunborSPDC
Previous Post

Khalil al-Hayya, Deputy Leader of Hamas, Confirms Yahya Sinwar’s Death

Next Post

Stanbic IBTC Re-commits to Agriculture with BATN Foundation for its Lagos Farm Fair

Publisher

Publisher

Related Posts

NESG CEO Canvasses for Education Hubs at UNILAG Convocation Lecture

NESG CEO Canvasses for Education Hubs at UNILAG Convocation Lecture

January 14, 2025
VP Shettima Visits Shell Stand at 30th Nigeria Economic Summit in Abuja

VP Shettima Visits Shell Stand at 30th Nigeria Economic Summit in Abuja

October 16, 2024
Nigerian Govt Grants Tax Exemptions for Oil and Gas Sector

Nigerian Govt Grants Tax Exemptions for Oil and Gas Sector

October 3, 2024
Prof Anene: ‘SPDC’s Support Nurturing Next-generation Energy Experts’ | METROWATCH

Prof Anene: ‘SPDC’s Support Nurturing Next-generation Energy Experts’ | METROWATCH

August 20, 2024
Osagie Okunbor, Shell Nigeria MD, Honoured for Exemplary Leadership | METROWATCH

Osagie Okunbor, Shell Nigeria MD, Honoured for Exemplary Leadership | METROWATCH

July 14, 2024
PHOTO: Shell Embarks on Facility Tour of Dangote Refinery | METROWATCH

PHOTO: Shell Embarks on Facility Tour of Dangote Refinery | METROWATCH

July 11, 2024
Next Post
Stanbic IBTC Re-commits to Agriculture with BATN Foundation for its Lagos Farm Fair

Stanbic IBTC Re-commits to Agriculture with BATN Foundation for its Lagos Farm Fair

  • About Us
  • Privacy Policy
  • Contact Us
  • Advertise With Us
  • Home

© 2024 Metrowatch Online Published by Miraculous Media Connect Limited. All rights reserved

No Result
View All Result
  • Home
  • News
  • Security
  • World

© 2024 Metrowatch Online Published by Miraculous Media Connect Limited. All rights reserved

Go to mobile version