[Nigeria] Egina

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escveritas
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[Nigeria] Egina

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EGINA: A FLAGSHIP OFFSHORE PROJECT DRIVING LOCAL DEVELOPMENT AND EXPERTISE

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Located some 130 kilometers off the coast of Nigeria at water depths of more than 1,500 meters, the Egina oil field is one of our most ambitious ultra-deep offshore projects. Primarily developed locally to accelerate the pace of Nigeria’s industrial fabric and the transfer of technology, the project will produce 200,000 barrels of oil per day, i.e., close to 10% of the country’s total oil production.

A COLOSSAL PROJECT IN ULTRA-DEEP WATER

Discovered in 2003, the Egina field is located at water depths of between 1,400 and 1,700 meters, 200 kilometers offshore from Port Harcourt. It is operated by Total, which has a 24% stake, in partnership with NNPC, CNOOC, Sapetro and Petrobras.

The project is based on a subsea production system connected to a FPSO (floating production, storage and offloading vessel) designed to hold 2.3 million barrels of oil. Weighing close to 220,000 metric tons and measuring 330 meters long by 60 meters wide, the Egina FPSO is the largest ever built by Total. The FPSO is connected to 44 subsea wells 1,600 meters deep and will produce 200,000 barrels of oil per day.

Operating ultra-deep offshore projects require specific expertise given the difficult conditions caused by high pressure and low temperatures. Drawing on nearly 20 years of experience, Total is the world leader in the field, producing more than 800,000 barrels per day. All told, ultra-deep offshore projects account for 40% of our total oil and gas production.

Total is constantly innovating at Egina to meet the challenges associated with ultra-deep offshore projects. One example is the Vclay subsea production system that gives our teams more in-depth information and a more accurate understanding of the reservoir and the well positions.

A SHOWCASE FOR LOCAL DEVELOPMENT

With Egina, Africa is host to one of the world’s largest oil and gas projects for the first time. For Total, the stakes are high, particularly because our commitment to our host countries is one of the keys to our success.

Our local economic development policy focuses on three main areas: hiring and training local people, purchasing local goods and services, and developing local infrastructures.

Total, the Nigerian Content Development Monitoring Board (NCDMB) and the main project contractors have set themselves an ambitious objective: to train more than 200 Nigerian students as engineers and technicians, in order to develop their skills and improve their career prospects.
More than half of the people involved in building the project infrastructure were Nigerian, and close to 77% of the hours worked on the project have been onsite in Port Harcourt or in Lagos.
Lastly, infrastructure in the country has been extended and enhanced, notably via the construction of a 500-meter-long dock to assemble the FPSO. Once it has served this purpose, the dock will be available for other industrial projects.

A win-win partnership that should enable Total and Nigeria to continue together on an adventure that began more than 50 years ago.
escveritas
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Posts: 669
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Re: [Nigeria] Egina

Unread post by escveritas »

NIGERIA: TOTAL STARTS UP PRODUCTION OF THE GIANT EGINA FIELD

02/01/2019

News

Paris – Total has started up production on December 29, 2018 from the Egina field, located in around 1,600 meters of water depths, 150 kilometers off the coast of Nigeria. At plateau, the Egina field will produce 200,000 barrels of oil per day, which represents about 10% of Nigeria’s production.

The Floating Production Storage and Offloading (FPSO) unit used to develop the giant Egina field is the largest one Total has ever built. This project has also involved a record level of local contractors. Six of the eighteen modules on the FPSO were built and integrated locally, and 77% of hours spent on the project were worked locally. Startup has been achieved close to 10% below the initial budget, which represents more than 1 billion dollars of CAPEX savings, due in particular to excellent drilling performance where the drilling time per well has been reduced by 30%.

“Total is proud to deliver a project of this size under the initial budget and to contribute to the development of Nigeria’s oil and gas sector by generating employment as well as building industrial capability. Egina will significantly boost the Group’s production and cash flow from 2019 onwards, and benefit from our strong cost reduction efforts in Nigeria where we have reduced our operating costs by 40% over the last four years,” stated Arnaud Breuillac, President Exploration & Production. “Furthermore, some upside potential nearby remains to be developed and we are studying in particular Preowei discovery tie-back to the Egina FPSO.”

Initially discovered in 2003, the Egina field is the second development in production on the Oil Mining Lease (OML) 130 following the Akpo field, which started-up in 2009. The Preowei field is another large discovery made on this prolific block for which an investment decision is scheduled for 2019.

Total Upstream Nigeria Limited operates OML 130 with a 24% interest, in partnership with Nigerian National Petroleum Corporation (NNPC), South Atlantic Petroleum - SAPETRO Ltd. (15%), CNOOC E&P Nigeria Limited, a wholly owned subsidiary of CNOOC Limited (45%) and Petrobras Oil and Gas BV (16%).

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About Total in Nigeria

Total has been present in Nigeria for over 50 years, both in upstream and downstream activities.

The Group’s production in the country was 267,000 barrels of oil equivalent a day in 2017.

Total operates five production licenses (OML) on the 34 leases in which the Group has interests (including two exploration licenses).

In addition to OML 130 where the Akpo, Egina and Preowei fields were discovered, Total operates other offshore assets such as OML 99 (40%) where the Ikike discovery is located, OML 100 (40%) and OML 102 (40%) where the Ofon 2 project was completed in 2016. Onshore, Total is the operator of OML 58 (40%) under its joint venture with Nigerian National Petroleum Corporation (NNPC). The Group is also developing Liquefied Natural Gas (LNG) activities with a 15% stake in the Nigeria LNG Ltd company, which operates six LNG liquefaction trains on Bonny Island.

In the downstream sector, Total operates in a leading position with an extensive distribution network of over 550 service stations nationwide and a wide range of top quality energy products and services.

The Group is committed to working closely with its host communities in Nigeria and is supporting many projects in the field of health, education, infrastructure and economic development, through its sustainable development and community relations programs. With a diverse workforce of several nationalities and cultures working together, Total is proud of its contributions to the socio-economic development of Nigeria.

About Total

Total is a major energy player, which produces and markets fuels, natural gas and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.
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