Shell Reaffirms Nigeria Commitment, Highlights $3bn Contractor Financing Shell has reaffirmed its long-term commitment to Nigeria’s energy sector, citing ongoing investments in deepwater oil projects and a $3bn contract financing programme designed to strengthen indigenous contractors and support the country’s energy security. The energy giant made the commitment at the 49th Nigeria Annual International Conference and Exhibition (NAICE) of the Society of Petroleum Engineers (SPE) in Lagos. Speaking at the event, General Manager, Development and Subsurface, Shell Nigeria Deepwater, Kun Jiang, said the company remained confident in Nigeria’s long-term investment prospects despite uncertainties in the global energy market. “We continue to invest in Nigeria’s future through our projects, our people and our enduring confidence in the potential of this nation,” Jiang said in her sponsor’s address. She pointed to Shell’s investments in the Bonga North project, HI and the advancement of the Bonga Southwest project as evidence of the company’s continued confidence in Nigeria’s offshore oil and gas industry. Jiang also highlighted the recently launched $3bn contract financing programme by Shell Nigeria Exploration and…