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Monday, June 24, 2013
Nigeria’s NNPC has given the go ahead for Total to award the main EPC contracts for the development of the Egina field on OML 130. Total’s Nigerian subsidiary, Total Upstream Nigeria Limited (TUPNI), is the operator of the OML 130.
The field development plan includes 44 wells connected to a FPSO that has 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 bpd.
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.
TUPNI holds a 24% stake alongside its partners NNPC, Sapetro, CNOOC Ltd., and Petrobras S.A.
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