NNPC Greenlights EPC Awards for Egina
by Total S.A.
|Friday, June 21, 2013
Total subsidiary Total Upstream Nigeria Limited (TUPNI), operator of the OML 130, and its partners have been authorized by the Nigerian National Petroleum Corporation (NNPC) to assign the main engineering procurement and construction (EPC) contracts for the development of offshore Egina field.
Discovered in 2003, the field is located in water depths of about 5,249 feet (1,600 meters), 124 miles (200 kilometers) off Port Harcourt and 12.4 miles (20 kilometers) southwest of the Akpo field, on the same license.
Egina is second development in OML 130 after Akpo, which began production in 2009, and will add value significant partnership. "Totaling more than 21 million hours worked in Nigeria, the project will contribute important to the development of the local economy. After more than half a century of presence in the country, we convinced that Nigeria wish to maintain a favorable environment for investment," said Yves-Louis Darricarrère, general manager at Total Upstream.
The field development plan includes 44 wells connected to a unit of production, processing and storage (FPSO) 1,082 feet (330 meters) long with a storage capacity of 2.3 million barrels. The FPSO has been designed with a capacity sufficient to support future discoveries near the site. Production is expected to begin in late 2017 and plateau at 200,000 barrels per day.
TUPNI holds a 24 percent stake alongside its partners OML 130: NNPC, SAPETRO (South Atlantic Petroleum), a Nigerian company, China's CNOOC Limited and Brazil's Petrobras S.A..
In 2012, Total has celebrated the fiftieth anniversary of its presence in Nigeria, where its share of production reached 279,000 barrels of oil equivalent per day last year.
The development of deep offshore resources is one of the main growth goals of Total in Nigeria, where the group operates the Akpo field in OML 130 and is also preparing to develop the Egina field on the same license.
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