Global Finance News
26 Oct 2025, 21:39
Shell Invests in Nigeria Offshore Gas Development to Boost LNG Supply
Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, and Sunlink Energies and Resources have made a final investment decision on the HI gas project offshore Nigeria. The project, expected to start production before the end of the decade, will supply 350 million cubic feet of gas per day to Nigeria LNG, supporting the country’s LNG expansion and Shell’s goal to grow global LNG volumes by 4–5% annually through 2030. The HI field, discovered in 1985, holds an estimated 285 million barrels of oil equivalent in recoverable resources and forms part of Shell’s strategy to expand its Deepwater and Integrated Gas portfolio in Nigeria.
Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, and Sunlink Energies and Resources have made a final investment decision on the HI gas project offshore Nigeria. The project, expected to start production before the end of the decade, will supply 350 million cubic feet of gas per day to Nigeria LNG, supporting the country’s LNG expansion and Shell’s goal to grow global LNG volumes by 4–5% annually through 2030. The HI field, discovered in 1985, holds an estimated 285 million barrels of oil equivalent in recoverable resources and forms part of Shell’s strategy to expand its Deepwater and Integrated Gas portfolio in Nigeria.