Shell eyes $8.5 billion Nigeria program

Royal Dutch/Shell has begun talks with the government of Nigeria over a proposed $8.5 billion, 5-year oil and gas development program in that country. A Shell official told OGJ the company put forward development plans for a number of oil discoveries that are currently being appraised, with plans to utilize associated gas from these and other fields. Combined oil production from the new projects is expected to be 600,000 b/d. Shell listed its development projects as: six onshore oil finds, the Bonga deepwater oil discovery, and three shallow-water finds on Blocks H and K; tied to those projects are onshore gas-gathering facilities, a gas pipeline from the offshore fields, a...

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