Shell Petroleum Development Company (SPDC) on Tuesday said it is not leaving Nigeria but only shifting its portfolio and further investments to deep offshore.
Managing Director of the Shell Petroleum Development Company and Country Chair, Shell Companies in Nigeria, Osagie Okunbor, disclosed this at the 30th edition of the Nigerian Economic Summit.
Speaking during a high-level panel session titled ‘Fuelling growth: The Future of Oil and Gas’ on Tuesday, Mr Okunbor explained that the company is concentrating more on the deepwater where it has significant technological and financial advantage.
