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Egina project sets new local content records

THE local content initiative of the federal government appears to be yielding positive results as the Floating, Production, Storage and Offloading unit (FPSO) of Egina, a 330-meter long vessel designed to process oil and gas from the Egina field, is expected to berth at the quayside in Nigeria for integration of locally fabricated modules. This is a first for Nigeria.

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Egina 200,000bpd oilfield to be ready in 2018

NIGERIA’S hope of increasing oil production will soon be a reality as Egina oil field, the flagship of Total Exploration and Production, is set to come on stream in 2018. The floating production storage offloading, FPSO, project is expected to add 200,000 barrels per day, bpd to Nigeria’s output. This is coming as the Total Group said it has invested about $10 billion in the Nigeria oil sector in the last five years.

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