Ronald Adams Managing Director, Shell Nigeria Exploration and production Company Limited, Speaking at a panel session at the 2025 Nigeria Oil and Gas Conference in Abuja.
…Targets net-zero emissions from fossil fuel by 2050.
Speaking at a panel session at the 2025 Nigeria Oil and Gas Conference in Abuja, Managing Director, Shell Nigeria Exploration and Production Company Ltd (SNEPCo) Ronald Adams referred to the expansion of its stake in the Bonga field, the FID on Bonga North and several other projects being considered including Bonga Southwest and HI as Shell’s vote of confidence in the future of Nigeria. But he declined to give specific timing on FIDs including that on HI.
The SNEPCo boss said it will continue to explore opportunities to invest in Nigeria as the country aims to achieve energy abundance and grow the country’s energy space.
The theme of the panel session was “Pragmatically Achieving Energy Abundance,” and featured chief executives of oil companies and government functionaries who proposed steps towards achieving energy sufficiency as Nigeria targets net-zero emissions from fossil fuel by 2050.
Adams stated further that SNEPCo would build on its contributions to energy abundance by becoming more efficient and improve value across the value chain by working closely with the Nigerian Upstream Investment Management Services (NUIMS) and other stakeholders.
“There is a requirement for us to push the envelope. We cannot rest on our oars,” he said.
He explained that Nigeria can achieve the ambition of net-zero emissions and at the same time provide cost-effective and efficient energy for a rising population by optimizing investments in hydrocarbon energy sources and quick renewable opportunities.
On the efforts of Shell towards net-zero emissions, the Managing Director said the company’s refreshed Powering Progress strategy aims to accelerate the transition “purposefully and profitably to low-carbon businesses by the early 2030s.”
The company has always reiterated its support for Nigeria that it will continue to ensure the progress of the country in terms of its clean energy drive.
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