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| Important Dates |
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- November 1938 - Shell D'Arcy granted Exploration licence to prospect for oil throughout Nigeria
- January 1956 - First successful well drilled at Oloibiri by Shell D'Arcy
- April 1956 - Changed name to Shell-BP Petroleum Development Company of Nigeria Limited
- February 17, 1958 - First shipment of oil from Nigeria
- April 7, 1961 - Shell's Bonny Terminal was commissioned
- September 1971 - Shell's Forcados Terminal was commissioned
- April 1, 1973 - First participation agreement; Fed. Govt. acquires 35% shares in the Oil Companies
- April 1, 1974 - Second Participation Agreement; Federal Government increases equity to 55%
- July 1, 1979 - Third Participation Agreement (through NNPC) increases equity to 60%
- August 1, 1979 - Fourth Participation Agreement; BP's share holding nationalised; NNPC = 80%, Shell = 20%
- December 13, 1979 - Changed name to Shell Petroleum Development Company of Nigeria (SPDC)
- August 1984 - Agreement consolidating NNPC / Shell Joint Venture
- January 1986 - Signing of Memorandum of Understanding (MOU)
- June 30, 1989 - Fifth Participation Agreement; (NNPC = 60%, Shell = 30%, Elf = 5%, Agip = 5%)
- July 11, 1991 - Signing of Memorandum of Understanding & Joint Venture Operating Agreement
- April 19, 1993 - Production Sharing Contracts signed - SNEPCO
- July 1993 - Sixth Participation Agreement; (NNPC = 55%, Shell = 30%, Elf = 10%, Agip = 5%)
- 1995 - SNEPCO starts drilling first Exploration well
- November 1995 - NLNG Final Investment Decision taken
- March 30, 1998 - Shell Nigeria Gas Company established
- 2000 - Shell Nigeria Oil Products established
- Dec. 2002 - Commencement of production from EA field.
- October 5, 2003 - Achievement of 1 million + barrels of oil per day production from SPDC operations.
- 2004, - THE NEW SPDC - A restructuring exercise; Nigerians placed in top positions of Management.
- January 1, 2005 - New SPDC launched, Basil Omiyi appointed first Nigerian MD.
- September 1, 2005 - Basil Omiyi became Country Chair, Nigeria; oversees all Shell Companies in Nigeria as well as Shell interests in NLNG.
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