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Nigeria - The following are profiles of the six main JVs in Nigeria.: An article from: APS Review Oil Market Trends [HTML] [Digital]

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The Shell-Led Group: The biggest oil producing JV, the Shell-led group has about 85 oil and gas fields in 48 blocks. NNPC recovers the idle fields held by Shell and the other foreign firms, and offers them to indigenous companies (indies). Shell Petroleum Development Co. (SPDC) in the week to Aug. 8 was producing 400,000 b/d, down from 825,000 b/d in August 2007, but has a capacity of 1.02m b/d.


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