Oil & Gas
THE Management of the Nigerian National Petroleum Corporation, NNPC, and its age-long partner, Shell Petroleum Development Company, SPDC, on Tuesday
resolved to grow existing business relationship aimed at increasing the nation’s crude oil
reserves.
Welcoming the high level Shell delegation led by the Vice-President of Shell Nigeria and
Gabon, Mr. Peter Costello, to the NNPC Towers, Abuja, the Group Managing Director of the
NNPC, Mele Kyari, acknowledged the fact that Shell was its oldest and biggest partner in
the upstream operations and would continue to enhance the relationship for the benefit of the
industry.
He said that NNPC would work with Shell to expedite action on some crucial deepwater
projects and create enabling environment to entrench the ideals of transparency and enduring
governance framework for the industry.
Speaking earlier on behalf of the Shell delegation, Osagie Okunbor, Managing Director of
SPDC and Chairman of Shell Companies in Nigeria, congratulated the NNPC GMD on his
appointment while expressing confidence in his ability to steer the industry to enviable
height.
Okunbor said Shell was in sync with Kyari’s vision and growth trajectory for the industry as
laid out in his blueprint.
He noted with interest the push towards renewed transparency and openness, stating that
the essence of the visit was to “underline our unflinching support for you and your team”.
BE
– July 16, 2019 @ 09:15 GMT |
BE
– July 16, 2019 @ 09:15 GMT |
Tags: NNPC Shell to grow oil reserves
