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Oct 14, 2025 12:00 PM

Shell Commits To HI Gas Project In Nigeria, Targets 350Mcf/Day Output

Shell PLC (NYSE:SHEL) shares are trading lower premarket on Tuesday. The company announced that Shell Nigeria Exploration and Production Company Limited and Sunlink Energies and Resources Limited have approved the final investment decision for the HI gas project, located offshore in Nigeria.

Project Details

Discovered in 1985, the HI field lies about 50 kilometers offshore in 100 meters of water and holds an estimated 285 million barrels of oil equivalent in recoverable resources.

The development is expected to produce up to 350 million standard cubic feet of gas per day, or roughly 60,000 barrels of