Shell Advances Nigeria Offshore Gas Project
- The HI gas project will supply 350 million cubic feet of gas per day to Nigeria LNG.
- Production is expected to begin before the end of this decade.
- The HI field, discovered in 1985, is located 50km offshore in 100m water depth.
- Estimated recoverable resources are approximately 285 million barrels of oil equivalent.
Project Overview
Shell Nigeria Exploration and Production Company Limited (SNEPCo), in partnership with Sunlink Energies and Resources Limited, has made a final investment decision on the HI gas project offshore Nigeria. The project aims to supply 350 million standard cubic feet of gas per day to Nigeria LNG.
Production Timeline
Production from the HI gas project is expected to commence before the end of this decade, contributing significantly to Nigeria's LNG output.
Field Details
The HI field, discovered in 1985, is situated in 100 meters of water depth, approximately 50 kilometers from the shore. The estimated recoverable resource volumes for the project are around 285 million barrels of oil equivalent.
Strategic Importance
This development aligns with Shell's strategy to increase its global LNG volumes by 4-5% annually until 2030 and supports Nigeria's economic development goals, including job creation in construction and operations.
Source: Shell