The $3.7 billion gas development agreement between oil giant Shell and the Nigerian National Petroleum Company (NNPC) alongside two other companies, is set to transform Nigeria’s midstream oil sector and boosting power generation in the long run.
The deal is part of Nigeria’s efforts to deal with a looming domestic market shortage of the fuel.
The seven projects will add some 3.4 billion cubic feet of natural gas per day to the Nigerian market to avoid a shortage that has been forecast for 2020. The reserves of seven fields to be developed came in at a combined 17.7 trillion cubic feet.
The gas produced under the projects will be used to produce a target amount of 15 GW of electricity by that year.
In Nigeria, which was recently ranked the world’s poorest country in the world by the Brookings Institution, there are still millions of people without access to electricity, and the government is looking for ways to change this. Making better use of its local gas reserves is the option that makes the most sense.
At the same time, Nigeria, which is Africa’s top oil producer, has seen a decline in oil and gas investments resulting from the lack of government incentives and the delay in the approval of the Petroleum Industry Bill that would reflect an energy industry reform push.
The only substantial discovery in the last few years was Exxon’s Owowo, which holds estimated reserves of about a billion barrels of crude. This fact means that the country’s oil reserves have stagnated at 36.18 billion barrels, below the 37 billion barrels estimated in 2010 and a lot below a target of 40 billion barrels set for that year.
What worries Nigerian industry observers is that the investment decline has come despite the rebound in crude oil prices, while elsewhere investments have picked up. They have predominantly blamed the government for the delay in the passing of the crucial law and the lack of incentives to lure investors back in.
The sabbatical programme offers University lecturers an opportunity to undertake research that would contribute to SPDC, while offering the sabbatical candidates avenues to acquire industry-related experience.
The programme also offers opportunities for lectureship at the Centre of Excellence in Geosciences and Petroleum Engineering at the University of Benin in the following disciplines: Petroleum Geology , Geophysics and, Petroleum Engineering.
Duration: 12 months (non renewable)
Discipline Areas
- Environment (Environmental Monitoring Restoration, Biodiversity and Impact Management);
- External Relations (Social Impact Assessment & Management and GMOU Implementation)
- Obstetrics & Gynecology, Pediatrics & Public Health.
- Exploration
- Information and Communications Technology (ICT)
Position Requirements
- Senior lecturers and above.
- Applications from persons who have previously participated in the Programme will not be considered.
Method of Application
Applications from candidates should consist of:
- An application letter
- A Curriculum Vitae including applicant's contact phone number, email address, as well as contact information of three referees with their contact information
- A titled, 3-page summary of how the candidate intends to add value to the SPDC business during the one year programme
- A scanned copy of the data page of applicants International Passport or National Driver's Licence
All documents should be sent to: SPDC-University-Relations@shell.com
Note: Sabbatical positions are highly competitive, therefore selection will be based on proposals that are pertinent to SPDC business objectives among other criteria.
Application Closing Date
31st May, 2018.
Shell has launched its global education initiative, NXplorers, in Nigeria, in the latest effort to inspire young people to find solutions to the global challenges of food, water and energy in the face of an increasing global population.
“NXplorers will connect Nigeria to the global search for solutions to the interlinked challenges of food, water and energy by inspiring, preparing and enabling young Nigerians to embrace complexity and address these real-life issues,” said the General Manager External Relations of Shell Nigeria, Igo Weli.
“As the world population grows, the challenges of food, water and energy also increase. These challenges do not have set solutions but look to innovations that can address them in a sustainable manner.”
Shell Nigeria Exploration and Production Company Limited, on Monday shut down production from Bonga.
According to a statement by SNEPCo, the decision was done to enable it commence turnaround maintenance that would guarantee optimum operations at the deep-water field, which began producing in November 2005.
The field was shut down on March 4, 2017, and is expected to resume at the conclusion of the exercise next month.
The Managing Director, SNEPCo, Mr. Bayo Ojulari, was quoted as saying,
“The exercise will help ensure sustained production and reduced unscheduled production deferments. This is the fourth turnaround maintenance since Bonga began production.”
The Bonga FPSO has the capacity to produce 225,000 barrels of oil and 150 million standard cubic feet of gas per day, it said.
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