Total E&P Nigeria Ltd (Total), a subsidiary of Total S.A. plans to develop an offshore oil field in Niger Delta region, Nigeria.The project involves the construction of an offshore oil field with the capacity of 32,000 barrels per day of crude and 116 million cubic feet per day of gas.It includes the construction of 15-slot wellhead platform, with output fed to Amenam’s AMD-2 platform through a multiphase pipeline, pumping stations, production facilities, LNG storage tanks, a ship unloading system, gasification, and regasification unit, the laying of oil transportation lines, and the installation of processing machines and safety systems.In 2013, Total awarded front-end engineering design (FEED) contract to Technip.In August 2014, Technip has completed the FEED works.The financial investment decision (FID) is yet to be made, which is expected by the second quarter of 2018.
Scope
The project involves the construction of an offshore oil field of capacity 32,000 barrels per day of crude and 116 million cubic feet per day of gas in Niger Delta region, Nigeria.The US$800 million project includes the following:1. Construction of 15-slot wellhead platform2. Construction of multiphase pipeline3. Construction of pumping stations4. Construction of production facilities5. Construction of LNG storage tanks6. Construction of ship unloading system7. Construction of gasification and regasification unit8. Laying of pipelines9. Installation of machinery
Key Highlights
Total E&P Nigeria Ltd (Total), a subsidiary of Total S.A. plans to develop an offshore oil field in Niger Delta region, Nigeria.The project involves the construction of an offshore oil field with the capacity of 32,000 barrels per day of crude and 116 million cubic feet per day of gas.It includes the construction of 15-slot wellhead platform, with output fed to Amenam’s AMD-2 platform through a multiphase pipeline, pumping stations, production facilities, LNG storage tanks, a ship unloading system, gasification, and regasification unit, the laying of oil transportation lines, and the installation of processing machines and safety systems.In 2013, Total awarded front-end engineering design (FEED) contract to Technip.In August 2014, Technip has completed the FEED works.The financial investment decision (FID) is yet to be made, which is expected by the second quarter of 2018.
Reasons to Buy
Total E&P Nigeria Ltd (Total), a subsidiary of Total S.A. plans to develop an offshore oil field in Niger Delta region, Nigeria.The project involves the construction of an offshore oil field with the capacity of 32,000 barrels per day of crude and 116 million cubic feet per day of gas.It includes the construction of 15-slot wellhead platform, with output fed to Amenam’s AMD-2 platform through a multiphase pipeline, pumping stations, production facilities, LNG storage tanks, a ship unloading system, gasification, and regasification unit, the laying of oil transportation lines, and the installation of processing machines and safety systems.In 2013, Total awarded front-end engineering design (FEED) contract to Technip.In August 2014, Technip has completed the FEED works.The financial investment decision (FID) is yet to be made, which is expected by the second quarter of 2018.
