#Bayo Ojulari

[whizkydee]

Shell tasks contractors over safety

Shell tasks contractors over safety

  Shell tasks contractors over safety.

Vice President of Shell Companies in Nigeria (SCiN) and Gabon, Peter Costello, has charged contractors working for and with Shell Companies in Nigeria to prioritise safety and be relentless in discussing the challenges and dilemmas, noting that the international oil giant was poised to help improve safety performancein the energy industry.

“Safety is our…

[nicetynuptial-blog]

PHOTOS FROM THE UNVEILING OF TERRA KULTURE ARENA

PHOTOS FROM THE UNVEILING OF TERRA KULTURE ARENA

Bolanle Austen Peters  launched her 400 seater, state of the art theater dubbed the “Terra Kulture Arena”. The arena is the first privately owned technology equipped modern arts theater in the whole of Nigeria and has already broken records with its two day launch on the 25th and 26th of March 2017 which hosted over 1,200 theater enthusiasts.

Guests at the launch include;Hon. Alhaji Lai Mohammed,

[ngtimes]

After 60 Years Of Nigerian Operations, Shell Appoints First Female

After 60 Years Of Nigerian Operations, Shell Appoints First Female

With effect from August 1, 2021, Shell has appointed Elohor Aiboni as the Managing Director of its Nigerian deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCo). Elohor is the first woman to oversee a Shell exploration firm in Nigeria’s more than 60-year history. She follows Bayo Ojulari, who left the Shell group on July 31, 2021 after five years as SNEPCo’s MD…

[africamusiclaw]

Terra Kulture Arena: Bolanle Austen-Peters unveils new 400 seater state of the art theater

Terra Kulture Arena: Bolanle Austen-Peters unveils new 400 seater state of the art theater

Congratulations to Bolanle Austen-Peters, lawyer turned entertainment business owner, who recently unveiled her new theater in Lagos, Nigeria. Austen-Peters is best known for her arts, education and cultural center called Terra Kulture which she launched in 2003. Last year, she added the title of producer to her name after successfully producing the movie 93 Days, a movie about the Ebola virus in…

[ornoirafrica]

Nigéria : Shell exhorte le gouvernement à adopter bientôt le PIB

Nigéria : Shell exhorte le gouvernement à adopter bientôt le PIB

L’unité de forage pétrolier de Royal Dutch Shell Plc au Nigeria exhorte le gouvernement à adopter une législation longtemps retardée pour réformer l’industrie pétrolière du pays, que le Sénat prévoit de reprendre ce mois-ci. “Pour chaque mois et chaque semaine que nous retardons, le fonds d’investissement se déplace ailleurs”, a déclaré Bayo Ojulari, directeur général de Shell Nigeria Exploration…

[naija247news]

Shell urges Nigeria to pass long-delayed Petroleum Industry Bill

Shell urges Nigeria to pass long-delayed Petroleum Industry Bill

Royal Dutch Shell Plc’s oil-drilling unit in Nigeria is urging the government to pass long-delayed legislation to reform the country’s petroleum industry, which the Senate plans to take up this month. “For every month and every week that we delay, investment fund is moving somewhere else,” Bayo Ojulari, managing director at Shell Nigeria Exploration and Production Co., said at an oil conference…

[newsflashuk]

Shell Remitted N366bn To Federation Account In 2018

Shell Remitted N366bn To Federation Account In 2018

The revenue accrued to the Federal Government from the operations of the Shell Nigeria Exploration and Production Company Limited (SNEPCo) amounted to N366 billion in 2018 fiscal year.

The oil giant’s operations also yielded another N2.1 billion as statutory revenue to the Niger Delta Development Commission.

SNEPCo’s Managing Director, Bayo Ojulari, said the payments resulted from oil and…

[kdonaldresources]

Nigeria needs $200 billion investment to address the energy gap

Ike Amos Abuja — Managing Director of Shell Nigeria Exploration and Production Company, SNEPCO, Mr. Bayo Ojulari, has bemoaned the widening energy gap in Nigeria, while he disclosed that Nigeria needs between $40 billion to $200 billion worth of investments to bridge the gap. In a presentation titled, ‘Nigeria’s Energy Security: Opportunities, Present Threats and […] More » http://dlvr.it/R462fw KDonaldResources

[stowvat]

Nigeria needs $200 billion investment to address the energy gap

Ike Amos Abuja — Managing Director of Shell Nigeria Exploration and Production Company, SNEPCO, Mr. Bayo Ojulari, has bemoaned the widening energy gap in Nigeria, while he disclosed that Nigeria needs between $40 billion to $200 billion worth of investments to bridge the gap. In a presentation titled, ‘Nigeria’s Energy Security: Opportunities, Present Threats and […] More » More »

[afroinsider]

‘Nigeria’s energy crisis most shameful’ | The Guardian Nigeria News - Nigeria and World News

‘Nigeria’s energy crisis most shameful’ | The Guardian Nigeria News – Nigeria and World News

electricity (energy)

Nigeria’S electricity situation has been described as one of the most shameful in the world, considering widening gap, which has affected economic growth and standard of living. Managing Director of Shell Nigeria Exploration and Production Company, (SNEPCO), Bayo Ojulari, insisted yesterday that over 70 per cent of residential houses and small businesses lack one hour of…

[todaynewsstories]

In Nigeria, Shell’s onshore roots still run deep

BODO, Nigeria (Reuters) – Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away from the theft, spills, corruption and unrest that have plagued the West African country’s onshore industry for decades.

An overview of the Niger delta where signs of oil spills can be seen in the water in Port Harcourt, Nigeria August 1, 2018. Picture taken August 1, 2018. REUTERS/Ron Bousso

Graphic: Oil spills at Shell’s Nigeria operations – tmsnrt.rs/2KzACfH

But for the company that pioneered Nigeria’s oil industry in the 1950s, the Niger Delta remains as important — and problematic — as ever.

While Shell has cut onshore oil production and sold some onshore assets, it continues to invest in others. In fact, onshore production has risen in recent years as a share of Shell’s output in Nigeria, an analysis of company data over the past decade shows.

Graphic: Shell Nigeria production – tmsnrt.rs/2OB5wa0

Much of the increase comes from less polluting gas, used mainly in power generation, which Shell thinks will be key to the transition to lower carbon energy. Gas made up 70 percent of onshore production in 2017, up from 47 percent in 2008.

Graphic: Nigeria onshore production – tmsnrt.rs/2CLPxEU

The company still controls thousands of kilometers of pipelines connecting inland fields to coastal terminals through its subsidiary, Shell Petroleum Development Co of Nigeria (SPDC), however.

So while SPDC has cut oil production in the Delta by 70 percent since 2011, when it first started reporting data on spills, the incidence of spills and theft from pipelines has fallen at a much lower rate and has picked up again recently, the data shows.

Shell’s Nigeria Country Chair Osagie Okunbor hinted it was a sensitive balancing act.

“We are too big just to see ourselves as ‘there is a problem and we have to run’. That is not what we are thinking of doing,” he told reporters on a media trip to the country in July. “But at the same time we don’t want to spread our footprint.”

Two pipeline spills in 2008 in the small community of Bodo in Ogoniland are emblematic of the problems in the Delta, a vast maze of creeks and mangrove swamps criss-crossed by pipelines and blighted by poverty and oil-fueled violence.

On a speedboat trip to the site of a clean-up operation launched by Shell last year, a makeshift oil refinery stood idle on a charred landing. The ground was soaked with oil, the air heavy with petrol fumes and slicks glistened in the water nearby. There were few signs of birds or fish.

So far this year, 85 crude spills have been recorded, already higher than the previous two years. In 2016, militant attacks pushed the volume of spills to more than 30,000 barrels, a high since 2011.

Oil theft from SPDC rose to around 9,000 barrels per day (bpd) in 2017 – a loss of nearly $180 million for the year – from 6,000 bpd the year before.

Despite all the problems and costs, however, Nigerian onshore operations generate billions of dollars annually.

Shell does not break down profits by country, but a report on payments to governments that the company publishes annually showed it paid around $1.1 billion in royalties, taxes and fees to the Nigerian government in 2017.

That means Shell earned more than $4 billion from oil and gas production in Nigeria in 2017 – around 7 percent of its total global output.

A Shell spokesman declined to comment on the specifics of Reuters’ data analysis.

The Nigerian Petroleum Ministry declined to comment.

Shell has shown it can shut down if it is not making money. It stopped producing oil completely in Iraq last year after half a century in the country, although it retains substantial gas operations.

A Shell contractor photographer takes pictures of the Trans-Niger pipeline in the Niger delta in order to monitor oil theft and illegal refining, in Port Harcourt, Nigeria August 1, 2018. Picture taken August 1, 2018. To match Insight NIGERIA-SECURITY REUTERS/Ron Bousso

“It’s hard to think Shell would stay put onshore and weather all the problems if the assets didn’t offer decent returns,” said Aaron Sayne, a financial crime lawyer working at the Natural Resource Governance Institute (NRGI). “To some extent, the onshore must still be worth the trouble.”

THEFT AND SPILLS

Shell remains central to Nigeria’s economy and society. SPDC – operated by Shell with a 30 percent stake while the Nigerian National Petroleum Co has 55 percent, France’s Total has 10 percent and Italy’s Eni has 5 percent – is the country’s largest oil joint venture, employing thousands.

The Anglo-Dutch giant’s operations drew unwelcome attention in the early 1990s when residents of the Delta’s Ogoni region called for fairer distribution of oil wealth and compensation for spills. The government cracked down and in 1995 executed nine protest leaders, including prominent writer Ken Saro-Wiwa, prompting Shell to end production in the area forever.

It retained control of the Trans-Niger Pipeline, however, and nearly a quarter of a century later, little seems to have changed on the ground.

In 2015 Shell accepted responsibility for operational faults that caused the 2008 spills that dumped tens of thousands of oil barrels into creeks around Bodo, and paid a settlement of 55 million pounds to villagers.

Dozens of spills since, including one by a barge carrying stolen oil that sunk in July, are frustrating remediation efforts, clean-up officials said.

“You clean it up, you walk away, somebody goes back there and does the same thing. It’s like going around in circles,” said Ogonnaya Iroakasi, Ogoni restoration project supervisor and an SPDC member.

Around 80 percent of the spills are a result of sabotage, Shell data shows.

Shell has taken a number of steps to improve the situation in the area, including training youth to start up businesses and funding local community patrols, campaigns to raise local awareness and even a local radio station.

But critics say it is not enough.

Slideshow (8 Images)

“I am not minimizing the challenge of re-pollution but Shell are not doing enough to solve it,” said Daniel Leader, the Bodo community’s lead UK lawyer. “The pipelines are not equipped with the most basic leak detection technology and Shell is simply not present on the ground in these communities.”

Local residents are frustrated as the slow process stops many from fishing, one of the main sources of income. Much of the anger is focused on Shell but Eni has also struggled to cope in recent years. Since starting to report data to authorities in 2014, the Italian company has recorded more spills than Shell, according to Amnesty International.

“Please, don’t give up on us … I hope that you guys here can force Shell to do the right thing,” Michael Porobunu, chairman of Gokana council of chiefs, told the clean-up crew and reporters on his porch.

OFF THE COAST

SPDC has sold 10 of the 27 field licenses in the Delta it held in 2010, mostly to local companies. It has applied to renew the remaining licenses, which expire next year.

The divestments are a reminder of another cost of doing business in Nigeria – corruption. Shell has filed a criminal complaint against a former senior employee over suspected bribes in the $390 million sale of oil mining license 42 to local firm Neconde in 2011.

Offshore operations are an attractive alternative to the Delta in many ways. The Bonga field 120 km (75 miles) off the coast is one of Shell’s prized assets since starting up in 2005.

The giant tanker, with a drilling platform that pumps 225,000 barrels of oil and 210 million cubic feet of gas per day from a field one km below, won the company’s “asset of the year award” in 2016 for its safety and reliability.

Many risks remain. In 2016, the Trans-Forcados pipeline was shut down for months after militants detonated a bomb at its sub-sea section. Shell and Eni face bribery allegations in a Milan court over the 2011 purchase of an offshore license. Drilling offshore is also more expensive and technically complex.

Shell and its partners will decide next year on whether to develop a new offshore field, Bonga Southwest.

“Such an investment will reopen the window for the next wave of investment in deep water Nigeria,” Bayo Ojulari, managing director of Shell Nigeria Exploration and Production Company, said in Lagos.

Additional reporting by Alexis Akwagyiram and Didi Akinyelure in Lagos, Julia Payne in London; Editing by Sonya Hepinstall

Our Standards:The Thomson Reuters Trust Principles.

Source link

The post In Nigeria, Shell’s onshore roots still run deep appeared first on Today News Stories.

from WordPress https://ift.tt/2zp4l8T via IFTTT

[newspaperupdates]

SNEPCo MD, other Shell workers bag NSE fellowship – Punch Newspapers

[ad_1] The Managing Director of Shell Nigeria Exploration and Production Company, Bayo Ojulari, and three other senior engineers with Shell companies in Nigeria have been conferred with the fellowship of the Nigerian Society of Engineers, the highest professional recognition in engineering practice in the country. The three others are SNEPCo’s Engineering Manager, Debo Oladunjoye; Projects…

[benbright-blog1]

Four Shell staff bag Society of Engineers fellowship

Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, and three other senior engineers with Shell companies in Nigeria have been conferred with the fellowship of The Nigerian Society of Engineers, the highest professional recognition in engineering practice in Nigeria.

The three others are SNEPCo’s Engineering Manager, Debo Oladunjoye; Projects Delivery and…

[ardenlininger25-blog]

World Environment Day Connects People To Nature

World Environment Day (WED) also known as United Nations’(UN) World Environment Day which falls on June 5 of every year is a day set aside by the international community to celebrate nature. It also provides a global platform to raise awareness on environmental issues with plans to mitigate these issues as a global community. It is the world body’s principal vehicle for encouraging worldwide awareness and action for the protection of the environment. Since it was first held in 1974, it has become a flagship campaign for raising awareness on emerging environmental issues from marine pollution, human overpopulation, global warming, sustainable consumption and wildlife crime. The Day has grown to become a global platform for public outreach, with participation from over 143 countries annually. Each year, the world chooses a new theme that major corporations, NGOs, communities, governments and celebrities worldwide adopt to advocate environmental causes. For 2017, the theme is ‘Connecting People to Nature’. The focus is encouraging people to get outdoors and appreciate the beauty of the planet. It is part of an effort to show people the importance of protecting it for future generations. World Environment Day was designated by the UN General Assembly in 1972 on the first day of United Nations Conference on the Human Environment, resulting from discussions on the integration of human interactions and the environment. Two years later, in 1974, the first WED was held with the theme "Only One Earth". Even though WED celebrations have been held annually since 1974, in 1987 the idea for rotating the centre of these activities through selecting different host countries began. Historically, the World Environment Day was established by the United Nations General Assembly in 1972 to mark the opening of the Stockholm Conference on the Human Environment. Another resolution, adopted by the General Assembly the same day, led to the creation of United Nations’ Environmental Programme (UNEP). It is hosted every year by a different city and commemorated with an international exposition through the week of June 5. Celebrating the day is not only for governments and their agencies. Individuals and organisations are similarly encouraged to add activities related to the environment for saving it and also motivate the initiative of others in celebrating and protecting the life forms’ ecological and biological relationships with shared ecosystem. For the last four decades, World Environment Day has been raising awareness, supporting action, and driving change. Activities connected with the day include street rallies and parades, as well as concerts, tree planting, and clean-up campaigns. In many countries, this annual event is used to enhance political attention and action towards improving the environment. This observance also provides an opportunity to sign or ratify international environmental conventions. In Nigeria, the governments at all levels, organisations, the civil society and individuals joined the rest of the world to commemorate the 2017 World Environment Day. They organised different activities to sensitise the people on the need to preserve the environment. Shell Nigeria, one of the oil companies with a criminal record of destroying the environment through its mindless oil exploration activities particularly in the Niger Delta, started the day with the Vice President, Shell Nigeria and Gabon, Peter Costello, and Managing Director, Shell Nigeria Exploration and Production Company Limited, SNEPCo, Bayo Ojulari, planting trees at the Marina area of Lagos. Even as a symbolic gesture, we think that Ogoniland, for instance, deserves the trees and other environmental rehabilitation measures Shell is capable of putting in place. Also, the Health of Mother Earth Foundation, HOMEF, (a non-governmental organisation) held a town hall meeting in Abuja on that date to sensitise Nigerians on issues relating to the environment. Director, HOMEF, Nnimmo Bassey, said that this year’s theme was appropriate considering that man seem to have lost the vital connections that make him conscious of being part of a community of creations on earth. He urged the country to look at the disruption of that connection by the politics of infrastructure that is sometimes pursued without recourse to national or even natural laws. Roads are built without drainages and where they are constructed they are invariably emptied into streams and rivers without any consideration for the wellbeing of the aquatic life in them and of the people that depend on the water downstream. However, and in our opinion, the greatest threat to the stability of the environment in the country are the desert encroachment in the North as a result of deforestation and soil erosion in the South. These are serious enough to deserve all the resources the government is willing and able to devote to them.

[kdonaldresources]

Four Shell staff bag Society of Engineers fellowship

19 December 2017, Sweetcrude, Lagos — Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, and three other senior engineers with Shell companies in Nigeria have been conferred with the fellowship of The Nigerian Society of Engineers, the highest professional recognition in engineering practice in Nigeria. The three others are SNEPCo’s Engineering Manager, http://dlvr.it/Q6jZq9 KDonaldResources

[stowvat]

SNEPCo Managing Director calls for diversification roadmap

*As Shell wins SPE exhibition award 15 August 2018, Sweetcrude, Lagos — The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria. More » More »