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Business News of Thursday, 15 December 2022

Source: www.punchng.com

Shell gets recognition for local content operation

Shell Shell

Shell Companies in Nigeria have been named the best local content operators at the 2022 annual industry dinner and awards ceremonies of the Petroleum Technology Association of Nigeria held recently in Port Harcourt, Rivers State.

The Managing Director of Shell’s deep-water business, Shell Nigeria Exploration and Production Company, Elohor Aiboni, was also named the sole recipient of the PETAN Chairman Outstanding Achievement Award, while her successor, Bayo Ojulari, clinched the PETAN Distinguished Achievement Award.

“Shell Companies have always stood by local service companies, and they have been part of our local content journey right from the beginning, and have been consistent,” PETAN Chairman, Mr Nicolas Odinuwe, said while handing the award to Shell’s representatives.

Odinuwe described Shell Companies as a major pillar to the growth of local content in Nigeria by driving the pre-legislation initiatives and providing funding intervention to give opportunity for even start-ups in the service sector to play in the oil and gas supply chain.

Receiving the award, Director, Shell Petroleum Development Company of Nigeria Limited and Head, Corporate Relations, Mr Igo Weli, said, “We are pleased with the country’s success in the Nigerian content story and we are very proud that important stakeholders in the industry continue to recognise Shell’s pioneering and continuous role to indigenise industry know-how so that Nigerians are acquiring necessary skills and Nigerian businesses are participating more in the oil and gas industry.”

Weli, who was accompanied by the Manager, Nigerian Content Development for Shell, Mr Olanrewaju Olawuyi, said, “Last year alone, Shell Companies in Nigeria spent $800 million on contracts to Nigerian-registered companies which is the same level as the 2020 spending. Our relationship with Nigeria remains strong and we are focusing our ambitions on our Nigerian deep-water production and gas distribution businesses.”