By Stanley Onyeka, Lagos
Shell Companies in Nigeria (SCiN), said it awarded contracts worth $518 million to indigenous companies in 2025, to boost Nigerian content development in oil and gas operations, during which some 123 indigenous companies were engaged across its value chain businesses.
Commenting on the figures recently published in Shell’s 2025 Payments to Governments Report, Vice President, Commercial, Rohan D’Souza, was quoted as saying: “The payments show a strong support for Nigerian service providers in our operations.
“We see the development of Nigeria companies beyond compliance with laws. It is an integral part of a longstanding strategy to create a win-win relationship with indigenous companies and support them to create more value in the oil and gas industry within and outside the country.”
Over the years, Nigerian companies have provided technical and logistics services among many others with Shell businesses supporting them to improve their expertise and processes.
About a fortnight ago, Shell Nigeria Exploration and Production Company Ltd (SNEPCo) launched a $3-billion Contract Finance Facility with nine leading Nigerian banks to support indigenous contractors to execute contracts in its operations.
The fund will be available in both Naira and USD to be utilised by the contractors.
Rohan noted that: “When you consider the fact that Shell also paid some $2.016 billion through production entitlements, royalties, taxes, and statutory fees to the Nigerian Government in 2025 alone, you get an idea of the enduring partnership we have forged in the country since we set foot here more than 60 years ago.”
It is an integral part of a longstanding strategy to create a win-win relationship with indigenous companies and support them to create more value in the oil and gas industry within and outside the country.
