Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, has completed the previously announced agreement and increased its stake in the OML 118 Production Sharing Contract (OML 118 PSC) from 55% to 65%.
This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
OML 118 is an offshore Nigerian license that includes Bonga producing field, in which NAE holds non-operating interests.
The company is addressing outstanding issues including securing payment mechanisms for gas sales and an updated plan of development for the Jubilee oilfield.
The project is located within the Kepala Burung production sharing contract (PSC), specifically in the Arar block, approximately 23km east of the company’s existing Arar production cluster.
04 Feb 2026 - 05 Feb 2026
18 Mar 2026 - 18 Mar 2026
This development is part of a sequence of recent achievements in Egypt’s oil and gas exploration activities.
An independent study commissioned by Ithaca Energy and endorsed by OEUK shows that 65% of UK crude production ultimately serves the UK market through the European refining network.
Report notes that contractors have become central to the industry’s decarbonisation efforts.
Matthew Snape and Jennifer Knopf, Vink Chemicals, and Matt Streets, Rawwater, discuss long term preservative biocides for biogenic souring control.
Martin Harrop, Offshore Analysis Manager at Aquaterra Energy, discusses how offshore engineering analysis is becoming increasingly valuable in offshore oil, gas, and energy-transition projects.
Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the UK continental shelf.
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