SNEPCo Contractor Finance Facility
Sector: Oil and Gas • Location: Lagos, Nigeria
Source: Realnews Magazine
A $3 billion contract finance facility launched by Shell Nigeria Exploration and Production Company Limited (SNEPCo) in partnership with nine leading Nigerian 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, project delivery
- Status
- Closed
- Sector
- Oil and Gas
- Location
- Lagos, Nigeria
- Updated
- 22 Jul 2026
- Source
- Realnews Magazine
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Project Information
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 contract finance facility launched by Shell Nigeria Exploration and Production Company Limited (SNEPCo) in partnership with nine leading Nigerian 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, project delivery, and local content participation in Nigeria's energy sector. |
Original sector | Energy |
Budget |
Location
Country | Nigeria |
State | Lagos |
City | Lagos |
Source
Source | Realnews Magazine |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2026-07-12 |
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