Shell (SHEL.US) will invest $5 billion in a joint venture for deep-water oil wells in Nigeria, with a daily production of up to 0.11 million barrels.

Shell's subsidiary in Nigeria will start producing Oil & Gas at the Bonga North offshore floating facility by the end of this decade.

Zhitong Finance20:39

Shell OK's Long-delayed Bonga North Nigeria Deepwater Project

Seeking Alpha42minutes ago

Sector Update: Energy Stocks Steady Premarket Monday

MT Newswires22:13

Shell Greenlights Bonga North Deep-Water Project, Targeting 110,000 Bpd Output

Benzinga19:54

Express News | Market news: Shell and its partners will invest 5 billion dollars to develop deepwater oil in Nigeria.

Breakings19:06

Jefferies Sticks to Its Buy Rating for Shell (UK) (SHEL)

TipRanks18:35 · Ratings