Exploration & Production

NNPC, Chevron and Shell sign gas development agreements

NNPC, Shell and Chevron have signed agreements to develop oil and gas projects in Nigeria.
By Staff reporter 4 August 2017 0 27064

Nigerian National Oil Corp. (NNPC), Anglo-Dutch major Shell and United States-based Chevron have signed agreements to facilitate the development of oil and gas projects in Nigeria, NNPC has announced.

Part of the agreement relates to the Sonam field project, which is expected to hold around 54 billion cubic metres of gas, in addition to oil reserves.

Chevron and NNPC will begin work on the project in the next 3-6 months, NNPC said. The project is expected to boost Nigeria’s gas production by 8 million cubic...