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Summary
Shell Nigeria is the colloquial name for Royal Dutch Shell's Nigerian operations carried out...
Content
Shell Nigeria is the colloquial name for Royal Dutch Shell's Nigerian operations carried out through four subsidiaries—primarily through Shell Petroleum Development Company of Nigeria Limited (SPDC). Royal Dutch Shell accounts for more than 40% of Nigeria's total petroleum production (899,000 barrels per day (bpd) in 1997) from more than eighty fields.
Shell started business in Nigeria in 1937 as Shell D’Arcy. In 1938, the company was granted an exploration license. In 1956, Shell Nigeria discovered the first commercial oil field at Oloibiri in the Niger Delta and the oil export started in 1958.
Shell Petroleum Development Company (SPDC) is the largest fossil fuel company in Nigeria, which operates over 6,000 kilometres (3,700 mi) of pipelines and flowlines, 87 flowstations, 8 natural gas plants and more than 1,000 producing wells. SPDC's role in the Shell Nigeria family is typically confined to the physical production and extraction of petroleum. It is an operator of the joint venture, which composed of Nigerian National Petroleum Corporation (55%), Shell (30%), Total S.A. (10%) and Eni (5%). Until relatively recently. it operated largely onshore on dry land or in the mangrove
Created by:
Freebase Data Team
Oct 23, 2006
Last edited by:
Freebase Data Team
Oct 23, 2006
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