Production

Nigeria’s oil output to rise by 200, 000 bpd in Q1 of 2018 – NNPC

Monday, 03 October 2016 09:04

(Ecofin Agency) - The Nigerian National Petroleum Corporation (NNPC) has estimated a 200,000 barrels per day boost in Nigeria’s crude oil production by Q1 of 2018, with the commissioning of the Umbilical Flow-lines and Risers (UFR) for the Egina Deep Offshore Project.

This was declared during the Load out Ceremony of the UFR for the Egina project by Saipem Contracting Nigeria Limited, in Port-Harcourt.

The Group Managing Director of NNPC, Maikanti Baru, said the UFR will enable the drilling of the first oil from the 200, 000 barrels per day Egina field by Q1 of 2018.

He praised Saipem on the successful conclusion of the Egina UFR project. The project included the engineering, procurement, construction, installation and pre-commissioning of 52 km of oil production and water injection flow-lines, 12 flexible jumpers, 2km of oil export line, 20km of gas export pipelines together with the installation and commissioning of 80km of steel tube Umbilical and mooring FPSO and Offshore Loading Terminal.

What is being celebrated is the efficacy of the Nigerian Content Act and the NNPC is strongly committed to the successful implementation of all provisions of the Act,” he said.

According to the Managing Director of Total, Nicholar Terahz, Egina was the biggest offshore project currently being carried out in the country. The employment opportunities and technology transfer the project created boosted the nation’s economy.

The Egina field, which was discovered in 2003 is situated about 20km from the Akpo Field in the Oil Mining Lease (OML) 130, in a water depth of 1, 750m, Vanguard news reports.

Anita Fatunji

 
Finance


 
Telecom


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.