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SNEPCo $3 Billion Contractor Finance Facility

Sector: Oil and Gas • Location: Lagos, Nigeria

Source: The News Nigeria

Project
Awarded

A $3 billion Contractor Finance Facility launched by Shell Nigeria Exploration and Production Company Limited (SNEPCo) in partnership with nine leading banks, including Fidelity Bank Plc. The facility is designed to provide credit support to indigenous oil and gas contractors executing projects for SNEPCo, available in both naira and US dollars to improve access to funding and project delivery in

Status
Closed
Sector
Oil and Gas
Location
Lagos, Nigeria
Updated
22 Jul 2026
Source
The News Nigeria

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Project Information

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The project “SNEPCo $3 Billion Contractor Finance Facility” is an infrastructure initiative in the Oil and Gas sector, located in Lagos, Nigeria. Taiyo aggregates data on it from The News Nigeria.

Participants

Not available for this record.

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A $3 billion Contractor Finance Facility launched by Shell Nigeria Exploration and Production Company Limited (SNEPCo) in partnership with nine leading banks, including Fidelity Bank Plc. The facility is designed to provide credit support to indigenous oil and gas contractors executing projects for SNEPCo, available in both naira and US dollars to improve access to funding and project delivery in Nigeria's energy sector.

Original sector

Energy

Budget

Location

Country

Nigeria

City

Lagos

Source

Source

The News Nigeria

URL

More Details

Record type

Project

Sector

Oil and Gas

Article published date

2026-07-14

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