Shell Pledges Support for Nigeria’s Ambitions for Energy Sufficiency

Shell has reaffirmed its commitment to investing in Nigeria as the country pursues energy abundance and a transition to cleaner energy sources.

Speaking at a panel session during the 2025 Nigeria Oil and Gas Conference in Abuja, Ronald Adams, Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), cited the company’s recent expansion in the Bonga field, the Final Investment Decision (FID) on Bonga North, and other ongoing considerations—including Bonga Southwest and the HI project—as clear signals of Shell’s long-term confidence in Nigeria’s energy sector. However, he declined to provide specific timelines for the pending FIDs, including the HI project.

The panel discussion, themed “Pragmatically Achieving Energy Abundance,” featured top oil industry executives and government representatives who outlined practical steps towards achieving national energy sufficiency as Nigeria targets net-zero emissions by 2050.

Adams emphasized that SNEPCo plans to build on its legacy of supporting Nigeria’s energy goals by enhancing efficiency and delivering greater value across the energy value chain. He highlighted collaboration with the Nigerian Upstream Investment Management Services (NUIMS) and other stakeholders as critical to this progress.

“There is a requirement for us to push the envelope. We cannot rest on our oars,” Adams stated.

He stressed that Nigeria can attain its dual goals of net-zero emissions and affordable energy access for a growing population by optimizing existing investments in hydrocarbon resources while also accelerating renewable energy development.

On Shell’s path to net-zero, Adams noted that the company’s refreshed Powering Progress strategy aims to transition purposefully and profitably to low-carbon businesses by the early 2030s.

“It is important that government continues to support these efforts and those of other industry players through the right policies and creation of a conducive environment for businesses to thrive,” he added.