"We should start production at the end of October ... We will rapidly build up to 100,000," Basil Omiyi, head of Shell's Nigerian operation, told reporters on the sidelines of the World Petroleum Congress in Johannesburg.
Field development costs are approximately $3.5 billion. This is the country's first large scale deepwater project. Production is expected to plateau production of 225,000 bpd in 2006.
Partners in Bonga are Shell, Total, ExxonMobil and Eni.
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