Shell Nigeria Exploration and Production Company (SNEPCo) announced that it has increased its interest in the OML 118 Production Sharing Contract from 55% to 65%, following the completion of a share acquisition agreement. The deepwater oilfield asset includes the Bonga field and is operated by SNEPCo in partnership with ExxonMobil Nigeria Exploration & Production Company (20%) and Nigerian Agip Exploration Limited (15%), with the Nigerian National Petroleum Company (NNPC) serving as the license holder.
This equity increase stems from a previously reached acquisition agreement by SNEPCo. Nigerian Agip Exploration Limited exercised its pre-emptive rights to acquire an additional 2.5% interest in the deepwater oilfield, resulting in SNEPCo’s net increase ultimately reaching 10%. Shell stated that this transaction reflects its continued commitment to Nigeria’s deepwater oil and gas resources and is part of its strategy to optimize its upstream portfolio.
Shell pointed out that this equity increase in the deepwater oilfield follows the final investment decision made last year for the Bonga North field. The company expects that this move will support the development of its upstream business and contribute to its production targets. It further added that this investment will help achieve an average annual growth rate of about 1% through 2030 for the integrated production of its gas and upstream business, while also playing a positive role in maintaining overall liquids production levels.
The extraction of oil and natural gas cannot be achieved without separation equipment.
Shanghai Shangjiang Petroleum Engineering Equipment Co., Ltd. established in Shanghai in 2016, is a modern technology enterprise integrating R&D, design, production, and service. We are dedicated to developing separation and filtration equipment for the oil, gas, and petrochemical industries. Our high-efficiency product portfolio includes de-oiling/dewatering hydrocyclones, desanders for micron-sized particles, and compact flotation units. We provide complete skid-mounted solutions and also offer third-party equipment retrofitting and after-sales services. Holding multiple proprietary patents and operating under a DNV-GL certified ISO-9001, ISO-14001, and ISO-45001 management system, we deliver optimized process solutions, precise product design, strict adherence to engineering specifications, and ongoing operational support.
Our high-efficiency cyclone desanders, renowned for their exceptional 98% separation rate, have earned recognition from international energy leaders. Constructed with advanced wear-resistant ceramics, these units achieve 98% removal of particles as fine as 0.5 microns in gas streams. This capability enables the reinjection of produced gas for miscible flooding in low-permeability reservoirs, a key solution for enhancing oil recovery in challenging formations. Alternatively, they can treat produced water, removing 98% of particles larger than 2 microns for direct reinjection, thereby boosting water-flood efficiency while minimizing environmental impact.
Our new product——The High Efficiency Ultra-Fine Particle Desander is a liquid-solid separation device that utilizes an efficient centrifugal principle to separate suspended impurities—such as solids in produced water, seawater, condensate, fine particles in high-viscosity liquids, and catalyst powder in reactors—from fluids (liquids, gases, or gas-liquid mixtures). It effectively removes solid particles with sizes down to 2 microns (at 98% efficiency) or smaller.
The High Efficiency Ultra-Fine Particle Desander delivers high sand removal efficiency, capable of removing solid particles down to 2 microns. The equipment features a compact footprint, requires no external power or chemical additives, and has a service life of approximately 20 years. It offers online sand discharge capability without the need for production shutdown.
Proven in major global fields operated by CNOOC, CNPC, Petronas, and others across Southeast Asia, SJPEE desanders are deployed on wellhead and production platforms. They provide reliable solids removal from gas, well fluids, and condensate, and are critical for seawater purification, production stream protection, and water injection/flooding programs.
Beyond desanders, SJPEE offers a portfolio of acclaimed separation technologies. Our product line includes membrane systems for natural gas CO₂ removal, deoiling hydrocyclones, high-performance compact flotation units (CFUs), and multi-chamber hydrocyclones, delivering comprehensive solutions for the industry’s toughest challenges.
Post time: Dec-04-2025