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Corporate Announcement on the Retirement of Two Board Directors and Appointment of Two Board Directors Lagos and th July 2021: The Board of Directors and Management of Seplat Energy Plc today announces that Mr. Damian Dodo, SAN, and Lord Mark Malloch-Brown, both Independent Non-Executive Directors ("INED"), have retired from the Board of the Company. Mr. Dodo, SAN was appointed to the Board in March 2014 while Lord Malloch-Brown was appointed in February 2014. For the past seven years, both Directors diligently served the Board and made significant contributions towards the growth of the...

Emmanuel Addeh The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the federal government goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization. SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is shown in the company’s multi-billion dollars investment in four of Nigerian National Petroleum Corporation’s (NNPC) ‘Seven Critical Gas Development Projects’. Speaking at the Nigerian Gas Association’s 12th Int...

Nigeria: Shell invests to support Nigeria’s domestic gas ambition for industrialization 02 Mar 2021 The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization. SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is shown in the company’s multi-billion dollars investment in four of Nigerian National Petroleum Corporation’s (NNP...

Cautionary note The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement 'Shell', 'Shell Group' and 'Royal Dutch Shell' are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words 'we', 'us' and 'our' are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ''Subsidiaries'', '...

As oil hits $60 a barrel, the rhetoric from Nigeria is the need to be reminded of lag in demand fuelling uncertainty and preparation for a world beyond oil to avert a repeat of the year 2020 crisis.