Shell Nigeria Exploration and Production Company (SNEPCo) has been named Major Oil Company of the Year by Energy Times, a leading Nigerian energy publication, in recognition of its outstanding contributions to deep-water oil and gas development and its impact on the broader energy sector.
The publication also conferred the title of Amazon of Nigeria’s Oil Sector 2024 on Mrs. Elohor Aiboni, a former Managing Director of SNEPCo, who is currently on international assignment in Brunei.
The awards were presented during a ceremony attended by key stakeholders in the oil and gas industry. SNEPCo’s Senior Operations Manager, Bolanle Odunayo-Ojo, received the awards on behalf of the Managing Director, Ronald Adams.
“We are honored to receive these recognitions—for the company and our former Managing Director—as they underscore our commitment to excellence in Nigeria’s upstream sector,” Odunayo-Ojo said. “These achievements are a result of strong teamwork and collaboration with our partners, especially the Nigerian National Petroleum Company Limited and regulatory agencies. The awards inspire us to continue driving progress and innovation in Nigeria’s energy landscape.”
SNEPCo has been a pioneer in Nigeria’s deep-water oil and gas exploration since the launch of production from Bonga—Nigeria’s first deep-water project—in 2005. Gas from Bonga is piped to the Nigeria Liquefied Natural Gas Company Limited (NLNG) at Bonny Island. SNEPCo’s operations have also led to major discoveries, including Bonga Southwest in 2001 and Bonga Northwest, which began production in August 2014.
In granting the award, the Energy Times Board of Directors highlighted the continued success of Bonga, including the milestone production of its one billionth barrel of oil in February 2023 and the recent Final Investment Decision (FID) on the $5 billion Bonga North project.
The recognition of Mrs. Aiboni celebrates a distinguished career marked by leadership and innovation. Appointed Managing Director of SNEPCo in 2021, she championed initiatives that improved operational efficiency, advanced local content development, and expanded social investment programs across Nigeria’s six geopolitical zones.
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