Egina fpso project news
Here are some recent news updates on the Eni's Egina FPSO project:
Latest News:
- First Oil Production: Eni announced that the Egina Floating Production, Storage and Offloading (FPSO) vessel started producing oil on January 28, 2021, ahead of schedule and within budget. The FPSO is expected to produce around 200,000 barrels of oil per day. (Source: Eni)
- Production Ramp-up: Eni reported that the Egina FPSO has reached a production rate of 150,000 barrels of oil per day, with plans to reach its maximum capacity of 200,000 barrels per day in the coming months. (Source: Offshore Magazine)
- FPSO Performance: The Egina FPSO has been performing well, with Eni reporting that it has achieved a production uptime of over 95% since start-up. (Source: Eni)
Background:
The Egina FPSO project is a significant oil and gas development project located in the Agbami field, approximately 80 kilometers offshore Nigeria. The project involves the construction of a FPSO vessel, which will process and store oil and gas from the Agbami field.
Key Facts:
- The Egina FPSO is one of the largest FPSO vessels in the world, with a processing capacity of 200,000 barrels of oil per day.
- The project is operated by Eni, with a 25% stake, while other partners include Total (24.5%), Novatek (10.5%), and the Nigerian National Petroleum Corporation (NNPC) (40%).
- The project was developed at a cost of around $15 billion, making it one of the largest oil and gas projects in Africa.
- The Egina FPSO is expected to produce oil and gas for at least 25 years.
Timeline:
- 2018: Construction of the FPSO vessel began.
- 2020: The FPSO vessel was completed and sailed away from the construction yard.
- January 2021: The Egina FPSO started producing oil.
I hope this information is helpful!