Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth

    July 30, 2026

    Wema Bank Slides as EPS Moderated by 20% in H1-2026

    July 30, 2026

    Sterling Holdings Drops by 7% as Earnings Per Share Sinks

    July 30, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth
    • Wema Bank Slides as EPS Moderated by 20% in H1-2026
    • Sterling Holdings Drops by 7% as Earnings Per Share Sinks
    • Nairobi Stock Exchange Index Rises on Energy, Banking Stocks Rally
    • US Effective Tariff Rate Falls on Latest Tariffs, Changing Trade Flows
    • HBM Nigeria Slides as Investors Sell the Earnings, Dividend News
    • CBN Cuts Rate on 364-Day Nigerian Treasury Bills, Rejects N2.4trn
    • Iran Vows to Maintain Tighter Control Over Strait of Hormuz
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, July 30
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Shell Emerges Best Local Content Operator

    Shell Emerges Best Local Content Operator

    Marketforces AfricaBy Marketforces AfricaDecember 13, 2022 News No Comments3 Mins Read
    Shell Emerges Best Local Content Operator
    Shell
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Shell Emerges Best Local Content Operator

    Shell Companies in Nigeria have been named the best local content operators at the 2022 annual industry dinner and awards ceremonies of the Petroleum Technology Association of Nigeria (PETAN).

    The dinner and award was held in Port Harcourt, Rivers.  This is contained in a statement by Mrs Abimbola Essien-Nelson, Media Relations Manager of the oil firm on Tuesday.

    She said the Managing Director of Shell’s Deep-Water Business, Shell Nigeria Exploration and Production Company, Mrs Elohor Aiboni, was also named the sole recipient of the PETAN Chairman Outstanding Achievement Award.

    Her successor, Mr. Bayo Ojulari, clinched the PETAN Distinguished Achievement Award. “Shell companies have always stood by local service companies, and they have been part of our local content journey right from the beginning, and have been consistent,” PETAN Chairman, Mr. Nicolas Odinuwe, said while handing the award to Shell’s representatives.

    Odinuwe described Shell companies as a major pillar to the growth of local content in Nigeria.

    “Shell has driven  the pre-legislation initiatives and provided funding intervention to give opportunity for even startups in the service sector to play in the oil and gas supply chain.” Shell’s Nigerian Oil Fields Draw Interest from Local Firms

    Receiving the Shell award, Director, of Shell Petroleum Development Company of Nigeria Ltd.  and Head, Corporate Relations, Mr Igo Weli, said: “We are pleased with the country’s success in the Nigerian content story

    “We  are very proud that important stakeholders in the industry continue to recognise Shell’s pioneering and continuous role to indigenise industry know-how so that Nigerians are acquiring necessary skills and Nigerian businesses are participating more in the oil and gas industry.”

    Weli, who was accompanied by the Manager of Nigerian Content Development for Shell, Mr. Olanrewaju Olawuyi, said, “In 2021 alone, Shell companies in Nigeria spent 800 million dollars on contracts to Nigerian-registered companies.

    “This is the same level as 2020 spending. Our relationship with Nigeria remains strong and we are focusing our ambitions on our Nigerian deep-water production and gas distribution businesses.”

    PETAN is an association of Nigerian Indigenous technical oilfield service companies in the upstream and downstream sectors of the oil and gas industry.

    PETAN had been in the forefront of championing increased local participation in the industry.

    In a related development, the Nigerian Content Development and Monitoring Board (NCDMB) has highlighted Shell’s important role in indigenising Nigerian content.

    Speaking at the 11th Practical Nigerian Content Forum held in Uyo, Akwa Ibom, the NCDMB Executive Secretary, Simbi Wabote, chronicled the history of Nigerian content and paid glowing tribute to Shell.

    He said Shell was the first international oil company in Nigeria to demonstrate belief in the capabilities of Nigerian companies and gave them the inroad to participate fully in the oil and gas industry. # Shell Emerges Best Local Content Operator

    Investors
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth

    Wema Bank Slides as EPS Moderated by 20% in H1-2026

    Sterling Holdings Drops by 7% as Earnings Per Share Sinks

    Nairobi Stock Exchange Index Rises on Energy, Banking Stocks Rally

    US Effective Tariff Rate Falls on Latest Tariffs, Changing Trade Flows

    HBM Nigeria Slides as Investors Sell the Earnings, Dividend News

    Add A Comment

    Comments are closed.

    Editors Picks

    Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth

    July 30, 2026

    Wema Bank Slides as EPS Moderated by 20% in H1-2026

    July 30, 2026

    Sterling Holdings Drops by 7% as Earnings Per Share Sinks

    July 30, 2026

    Nairobi Stock Exchange Index Rises on Energy, Banking Stocks Rally

    July 29, 2026

    US Effective Tariff Rate Falls on Latest Tariffs, Changing Trade Flows

    July 29, 2026
    Latest Posts

    Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth

    July 30, 2026

    Wema Bank Slides as EPS Moderated by 20% in H1-2026

    July 30, 2026

    Sterling Holdings Drops by 7% as Earnings Per Share Sinks

    July 30, 2026

    Nairobi Stock Exchange Index Rises on Energy, Banking Stocks Rally

    July 29, 2026

    US Effective Tariff Rate Falls on Latest Tariffs, Changing Trade Flows

    July 29, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.