JUST IN: Shell Invests $2bn In Offshore Gas Project In Nigeria

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Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a $2 billion investment in the HI offshore gas project in Nigeria.

Gatekeepers News reports that the investment follows a final investment decision (FID) made in partnership with Sunlink Energies and Resources Limited for the development of the shallow-water HI field in Oil Mining Lease (OML) 144.

This is a developing story…