Shell has reiterated its unwavering commitment to explore further investment opportunities within Nigeria, aligning closely with the nation's ambitious objective of achieving energy abundance. This pledge was articulated by Ronald Adams, Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), during a panel session at the 2025 Nigeria Oil and Gas Conference held in Abuja.

Adams cited several key initiatives as a testament to Shell’s confidence in Nigeria's future. These include the expansion of its existing stake in the prolific Bonga field, the final investment decision (FID) on the Bonga North project, and the active consideration of other significant ventures such as Bonga Southwest and HI. While expressing this strong commitment, Adams refrained from providing specific timelines for these FIDs, including that for the HI project.

The panel session, aptly themed “Pragmatically Achieving Energy Abundance,” brought together chief executives from various oil companies and prominent government functionaries. Discussions focused on outlining practical steps required for Nigeria to attain energy self-sufficiency, especially as the country sets a target of net-zero emissions from fossil fuels by 2050.

SNEPCo, according to Adams, aims to enhance its contributions to Nigeria’s energy abundance goals by significantly improving operational efficiency and optimizing value across its entire value chain. This strategy involves close collaboration with key stakeholders, including the Nigerian Upstream Investment Management Services (NUIMS) and other industry players. Adams emphasized the need for continuous innovation, stating, “There is a requirement for us to push the envelope. We cannot rest on our oars.”

Furthermore, Adams elaborated on Nigeria's dual objective of achieving net-zero emissions while simultaneously providing cost-effective and efficient energy for its growing population. He suggested that this can be accomplished through the strategic optimization of investments in hydrocarbon energy sources combined with the swift adoption of renewable energy opportunities.

Addressing Shell’s broader efforts towards global net-zero emissions, the SNEPCo Managing Director highlighted the company’s refreshed 'Powering Progress' strategy. This strategy is designed to accelerate Shell’s transition, both purposefully and profitably, towards low-carbon businesses, targeting significant progress by the early 2030s. Adams concluded by underscoring the crucial role of governmental support, advocating for the continuation of policies and the creation of a conducive environment that enables businesses to thrive and contribute to these national and industry-wide objectives.