Bonga South-West Aparo Project: NNPC, OML 118 Contractor Parties Execute PSC and DSA Addenda

The Nigerian National Petroleum Company Limited (NNPC Ltd), and the OML 118 Contractor Parties — Shell Nigeria Exploration and Production Company Limited (SNEPCo), Esso Exploration and Production Nigeria (Deepwater) Limited, and Nigerian Agip Exploration Limited (NAE) — today executed the Addendum to the OML 118 Production Sharing Contract (PSC) and the Addendum to the Dispute Settlement Agreement (DSA), marking a major milestone in the advancement of the deepwater Bonga Southwest/Aparo project (BWSAp) towards Final Investment Decision (FID).
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… Project to Attract $15-21bn Investment, to Become Nigeria’s Largest Deepwater Development.

The execution gives effect to the fiscal and commercial terms approved by the Federal Government to support the development of BSWAp and it reinforces Nigeria’s commitment to creating a competitive, stable and attractive environment for large-scale deepwater investment.

The milestone follows the approval by President Bola Ahmed Tinubu of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, an important component of the Federal Government’s ongoing reforms to enhance the competitiveness of Nigeria’s deepwater sector and unlock new investment. The BSWA PSC and DSA Addenda demonstrate the practical impact of these reforms in translating policy into investment and project development.

BSWAp is expected to be one of Nigeria’s largest deepwater developments, with the potential to attract US$15 billion to US$21 billion in investment over the life of the project and achieve peak production of about 175 kbopd of oil and 140 mmscfd of gas. The development is expected to contribute significantly to Nigeria’s economy through increased oil and gas production, government revenues, foreign exchange earnings, local content development, employment and expanded opportunities for Nigerian businesses.

Speaking on the milestone, the Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, said: “The execution of the BSWAp PSC and DSA Addenda demonstrates the effectiveness of President Tinubu’s reforms in translating policy into investment. This is about unlocking a major deepwater project and demonstrating that Nigeria has a competitive fiscal framework and a clear pathway for sustainable investment in its energy sector. NNPC Ltd will continue to work closely with the Federal Government, our partners and other stakeholders to ensure that this project delivers maximum value for the Federation and the Nigerian people.”

The Contractor Parties also announced the successful completion of the project’s Pre-Front End Engineering Design (Pre-FEED) phase, marking an important milestone in maturing the technical and commercial scope of the development and positioning the project to progress into the Front End Engineering Design (FEED) phase, subject to applicable partner, assurance and governance requirements.

Following a competitive selection process, a bidder has been identified as the preferred Floating Production Storage and Offloading (FPSO) contractor for the BSWA project, subject to completion of applicable partner, regulatory, assurance and governance processes. The selection provides a basis for progressing the FPSO concept into FEED and for undertaking the further engineering and commercial work required to mature the project towards FID. Any eventual award of the FPSO Engineering, Procurement, Construction and Installation (EPCI) contract remains subject to the completion of all applicable approvals and requirements.

Once operational, BSWAp is expected to become one of Nigeria’s most significant new deepwater production hubs, contributing materially to national oil production and supporting the country’s ambition to sustainably grow oil and gas output over the coming years.

The project is expected to deliver substantial benefits to Nigeria through billions of dollars of investment, increased participation by Nigerian contractors and suppliers, and significant direct and indirect employment opportunities across engineering, fabrication, offshore construction, logistics and operations.

BSWAp is also expected to strengthen Nigerian content through increased contracting opportunities for indigenous companies, enhance local fabrication, marine and engineering capabilities, facilitate technology transfer and skills development, and create lasting value across the wider Nigerian economy.

NNPC

The milestone reflects the strong collaboration among NNPC Ltd, the Federal Government, relevant regulatory agencies and the OML 118 Contractor Parties , and reinforces Nigeria’s position as a competitive destination for deepwater investment.

NNPC Ltd reaffirmed its commitment to working with all stakeholders to advance the BSWA project safely, competitively and responsibly, while maximising value for Nigeria and the Nigerian people.

Andy Odeh
Chief Corporate Communications Officer
NNPC Limited
24th August 2026
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Umahi, Sanwo-Olu, Abiodun, Others Grace Shekina and Shope’s Wedding in Lagos

It was a celebration of love, family, friendship and distinguished personalities in Lagos on Saturday, August 22, 2026, as Shekina Chidinma Umahi and Shope Alexandra Ayinde were joined in holy matrimony at the Redeemed Christian Church of God (RCCG) Powerlink Chapel, Lekki Phase 1, Lagos.
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Shekina, a niece of the Honourable Minister of Works, Senator Engr. David Umahi, CON, is the daughter of Maj. Gen. (Rtd.) Pastor Obi Abel Umahi, DSc, OFR, while Shope is the son of Commodore NN (Rtd.) Deacon Adebayo Abidemi Ayinde.

The wedding brought together governors, senior government officials, lawmakers, business leaders, traditional rulers, captains of industry, family members and friends from across the country to celebrate the young couple.

The Honourable Minister of Works, who also serves as the Deputy Director-General of Infrastructure, Mobilization and Sensitization of the 2027 APC Presidential Campaign Council, Senator Engr. David Umahi, CON, was present at the ceremony to celebrate with his niece and the families of the newlyweds and was joined by the Governor of Lagos State, His Excellency Babajide Sanwo-Olu; Governor of Ogun State, His Excellency Dapo Abiodun, CON; and Governor of Abia State, His Excellency Dr. Alex Otti, who chaired the occasion.

In his opening remarks as Chairman of the occasion, Governor Alex Otti described marriage as a lifelong commitment and urged the newlyweds to embrace patience, understanding and tolerance as they begin their journey together.

With humour, the Abia State Governor stressed the permanence of marriage, telling the couple that they should approach their union with a strong commitment to making it work.

“I want to tell you in advance that I won’t be present and as such, I declare that this marriage is indissoluble,” he said.

In separate remarks, the parents of the bride and groom expressed gratitude and joy at witnessing the marriage of their children.

They praised Shekina and Shope for distinguishing themselves through their formative years and into adulthood, describing them as outstanding young people who had continued to make their families proud.

They prayed for God’s guidance, peace, happiness and prosperity in their marriage and wished them a fulfilling life together.

The Umahi family also formally welcomed the couple with the presentation of family gifts.

On behalf of the Umahi family, the Chairman of the Uburu Traditional Rulers Council, HRH Eze Laz Umahi, PhD, presented the gifts to the newlyweds.

The ceremony attracted a gathering of political leaders, statesmen and captains of industry.

Other governors present at the event included the Governor of Ebonyi State, Rt. Hon. Francis Nwifuru, represented by his deputy, Her Excellency Patricia Obila; Governor of Enugu State, His Excellency Peter Mbah, represented by his deputy, Barr. Ifeanyi Ossai; Governor of Kogi State, His Excellency Usman Ododo, represented by his deputy, Comrade Joel Oyibo; Governor of Edo State, Senator Monday Okpebholo, represented by the Commissioner for Public Safety and Security, Rt. Hon. Festus Ebea; and Governor of Anambra State, His Excellency Chukwuma Soludo, represented by the Commissioner for Information, Dr. Law Mefor.

Among the captains of industry, statesmen and
other distinguished personalities at the occasion were Mr. Tony Elumelu, Chairman of Heirs Holdings; Dr. Adebowale Adedokun, Director-General/Chief Executive Officer of the Bureau of Public Procurement; Admiral Alison Madueke, GCON, former Chief of Naval Staff; Mr. Oliver Alawuba, Group Managing Director of UBA, represented by Chidi Okpara; Prof. Patrick Utomi; Mr. Adebiyi Olalekan, Managing Director/Chief Executive Officer of Lorelei Construction Limited; Engr. Solomon Dacree; Ifeanyi Chukwuma Odii, Chairman of Orient Global Limited; Chief Ifeanyi Clement Okorie, Chairman of Rock Results Group; and Barr. Chioma Nweze, Senior Special Assistant to the President on Community Engagement (South East), among others.

The Ministry of Works was also represented at the ceremony, with the Minister of State for Works, Rt. Hon. Bello Goronyo; Senator Allwell Onyesoh, Chairman of the Senate Committee on Works; Hon. Akin Alabi, Chairman of the House Committee on Works; and Engr. Musa Saidu, Director of Highways, Bridges and Designs, among others, joining in the celebration.

Umahi, Sanwo-Olu

Other members of the Umahi family at the ceremony included HRH Eze Laz Umahi, PhD, Chairman of the Uburu Traditional Rulers Council; Barr. Roy Umahi, SAN, FCArb, of Roy and Associates; and Chief Austine Umahi (Anyanwu Igbo), Chairman of the Amino Kano University Board.

The wedding provided a memorable gathering of the two families, their friends and well-wishers, with guests celebrating the union and offering prayers and goodwill for a happy, peaceful and enduring marriage.

Francis Nwaze, FIPMD
Senior Special Assistant to the Honourable Minister of Works (Media)
Sunday 23, 2026
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Umo Eno Government Unveils Mass Empowerment Plan for Rural Women in Akwa Ibom

The Akwa Ibom State Government said it is targeting a total of 110,000 women for empowerment across the 31 Local Government Areas of the state through cooperative societies in October this year.
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The State Governor, Umo Eno, announced the plan during the launch of the Federal Government’s rural women empowerment initiative and the distribution of Liquefied Petroleum Gas cylinders in Uyo, the state capital, on Thursday.

Eno, who described women’s empowerment as critical to social welfare and a major component of his administration’s ARISE Agenda, said at least 300 women would be selected from each ward across the state for the programme.

Commending the Federal Government for bringing the LPG (cooking gas) distribution programme to the state, with 27,000 households targeted as beneficiaries, the governor said the state’s planned empowerment programme was designed to complement the Federal Government’s Renewed Hope Initiative, which is already providing financial support to women across Akwa Ibom to establish and expand their businesses.

“We are particularly pleased that this programme prioritises women, youths and vulnerable households. Empowering women creates a multiplier effect that strengthens families, communities and local economies.

“This programme goes beyond the distribution of gas cylinders. It is about improving lives, protecting our environment and delivering economic opportunities directly to 27,000 households.

“Women empowerment is critical to social welfare and a major component of my administration’s ARISE Agenda, because we believe that women have the capacity to multiply whatever is entrusted to them.

“Akwa Ibom State will empower 110,000 women across the state through cooperative societies in October this year. At least 300 women will be selected from each ward across the state for the programme,” Eno said.

The governor described gas as more than a commodity, saying it is a catalyst for industrialisation, job creation, small and medium-sized enterprise development and long-term economic prosperity, adding that the programme demonstrated that Akwa Ibom is not only a major producer of gas resources but is also becoming a destination for gas-based investments and downstream utilisation projects.

According to him, the programme’s emphasis on entrepreneurship, skills development and economic inclusion complemented the state government’s efforts to create sustainable livelihoods and expand economic opportunities for residents.

He noted that access to cleaner cooking gas would help households reduce energy costs, improve health outcomes and protect women and children from the dangers associated with traditional cooking fuels.

Noting that Akwa Ibom is “open for business,” Eno invited investors to explore opportunities across the gas value chain, including LPG plants, cylinder manufacturing and maintenance centres, gas storage facilities, transportation and logistics, clean cooking solutions, gas processing, petrochemicals, gas-based manufacturing and energy infrastructure.

He assured investors that his administration would continue to provide an enabling environment through transparent governance, infrastructure development and collaboration with the private sector.

Earlier, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the event marked the launch of two major national interventions in the state: the rural women empowerment initiative for entrepreneurship development and the Akwa Ibom State partnership activation and distribution of LPG cylinders under the Decade of Gas National Grassroots LPG Penetration Programme.

Umo Eno

He said the programmes were designed to promote women’s dignity, safety, enterprise and wellbeing in line with the Federal Government’s Renewed Hope Initiative.

The minister also commended President Tinubu for placing women’s empowerment at the centre of national development.

“Women’s empowerment and clean energy cooking are deeply connected because both begin at the household level and create wider benefits for health, enterprise, family wellbeing and community development,” Ekpo said.
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