Home / Business / People, technology drive Bonga’s success – SNEPCo MD 

People, technology drive Bonga’s success – SNEPCo MD 

By Gladys Johnson

Shell Nigeria Exploration and Company Limited (SNEPCo), has attributed Bonga’s production success to effective leadership, cutting-edge technology, continuous improvement, integrated delivery, and collaboration with partners and stakeholders.

SNEPCo’s Managing Director, Elohor Aiboni. said this yesterday at the 2024 Offshore Technology Conference (OTC) in Houston, Texas, U.S.

Since coming on stream in November 2005, Bonga, Nigeria’s first deep-water development has maintained a track record of production that saw it achieve one-billion-barrel export on February 13, last year.

Ms. Aiboni reflected on the success factors that enabled the milestone in a presentation titled: “The Bonga Journey to a Billion Barrels.”

She said: “SNEPCo is grateful for the contributions of all the parties to the Bonga story and we can all be proud of the milestones.

“Bonga has been consistent. In 2014, nine years after coming onstream, it achieved half a billion barrels of crude and doubled it in 2023.

“We have worked relentlessly to ensure excellent asset management, project and wells delivery, and deployment of technology and innovations in our operations.”

“These factors, Aiboni added, “coupled with the supportive partnership of the Nigerian National Petroleum Company Limited and our co-venturers – TotalEnergies, EP Nigeria Limited; Nigerian Agip Exploration; and Esso Exploration and Production Nigeria Limited, make Bonga stand out as a world-class investment case.”

SNEPCo created a program known as the Bonga Business Improvement Plan that continually reviews and identifies improvement initiatives and drives sustainability in operations and upskilling of staff. 

Additionally, SNEPCo also enjoyed the support of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Content Development and Monitoring Board (NCDMB) in the success story.

Ms. Aiboni spoke of the challenges of keeping the Bonga Floating Production, Storage, and Offloading (FPSO) vessel full as the asset ages and dealing with unexpected developments with subsea wells and equipment.

She said: “SNEPCo responded with a campaign of operational excellence, which among other initiatives, led to the creation of a program known as the Bonga Business Improvement Plan that continually reviews and identifies improvement initiatives and drives sustainability in operations and upskilling of staff.

“Our vision at SNEPCo remains to be the best deep-water business, powering growth and achieving net zero emissions in line with Shell’s Powering Progress strategy.”

The Bonga success story has been led by Nigerians, who have been managing directors of SNEPCo since it was established in 1993, in a deliberate policy by Shell to develop indigenous manpower for deep-water operations in Nigeria.

Today, some 97% of the SNEPCo workforce is Nigerian, and overall, Bonga has helped to create a new generation of Nigerian deep-water professionals.

 

 

 

About Gladys Johnson

Gladys Johnson The Publisher/Editor-In-Chief Global Business Drive Phone: +13465619347 Email: info@globalbusinessdrive.com gladysjohnsonmedia@gmail.com gladys@globalbusinessdrive.com globalbusinessdrive@gmail.com

Check Also

Seplat Energy Named Daily Independent’s Indigenous Oil & Gas Company of the Year

  Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian …

Leave a Reply

Your email address will not be published. Required fields are marked *

pub-5127930111112337, DIRECT, f08c47fec0942fa0