Lagos — The Nigerian National Petroleum Corporation (NNPC), Total Upstream Nigeria Limited, (TUPNI) and her partners yesterday announced the arrival of the Egina Floating, Production, Storage and Offloading unit (FPSO) to the shores of Nigeria from South Korea.
The journey to Nigeria started on October 31, 2017.
Egina is the largest investment project currently on-going in the oil and gas sector in Nigeria. The project is expected to be completed in fourth quarter of the year within the initial budget of $16 billion.
It will add 200,000 barrels per day to Nigeria's oil production, approximately 10 per cent of the country's total oil production.
The Egina FPSO is the largest FPSO ever installed in Nigeria (330-metres long). It is currently berthed at the newly built 500-metre FPSO integration quayside at the SHI-MCI Yard, Ladol Island, Lagos where the integration of six locally fabricated modules will take place over the next few months. This is a first for Nigeria and in fact for Africa.
According to TUPN management, the integration of the 6 locally fabricated topside modules at the SHI-MCI Yard before its final sail-away to the Egina field is a game changer as far as the execution of deep offshore oil & gas projects in the country is concerned. It is also a remarkable achievement in local content development in Nigeria.
"Being the first project to be launched after the enactment of the Nigerian Oil & Gas Industry Content Development Act in 2010, EGINA is advancing Nigerian Content to record levels and has by far the highest quantum of local content completed for any oil & gas project in Nigeria, but also for Total's projects worldwide".
Egina is the deepest offshore development carried out so far in Nigeria, with water depths over 1,500 meters. The EGINA FPSO has been designed for 25 years of operations and in addition to producing 200,000 barrels of oil per day (at plateau), the Egina operations will generate significant activities for local contractors, in various sectors and continue to provide avenues for the training and development of Nigerians in various domains.
The Egina field was discovered by TUPNI in 2003 within the Oil Mining Licence 130 (OML130), some 200 kilometres south of Port Harcourt, Nigeria. The field is being developed by TUPNI in partnership with NNPC, CNOOC, SAPETRO and PETROBRAS.