Egina Field Development
Egina is an oil field drilling project situated about 150km off the Nigerian coast, the development is owned by a consortium of companies including Total Upstream Nigeria with 24% stake, Petrobras 16%, Sapetro 15% and the largest shareholder CNOOC with 45% stake. Egina is the 3rd deepest offshore project of Total Oil in Nigeria, it’s currently under development and production is expected to start in 2018.
Found approximately 20km away from Akpo field, the site lies within the oil mining lease (OML) block 130 and covers a total landmass of 500sq. miles. It’s surrounded by water depths of up to 1,750 metres.
The project’s fabrication phase was completed at the end of 2016, whereas integration work began much later in January 2017. Egina Field development has an estimated total cost of $15 billion, it’s the first large-scale deepwater development in the country since Nigerian Content Act was enacted into law in April 2010.
Total mentions that the act’s requirements were fully incorporated into the project right from its commencement, and further embedded in the overall scope of tasks found in each contract package.
This oil field was first discovered in Dec 2003 when the Egina-1 rig was drilled. Following its discovery, another appraisal rig known as Egina-2 was dug in Oct 2004. The project is being managed by Saipem who are one of the largest deep-water drilling contractors in Nigeria.
Their scope of work for the project includes procurement, fabrication, engineering, installation and pre-launch of 52kms of water injection and oil generation flow lines. Other installations include 80km of umbilicals, 12 flexible jumpers, 20km of gas export pipelines and development of mooring and offloading systems. These marine activities started in 2016 and are expected to continue up to the 2nd quarter of 2017.
Operations for the Egina field development are being managed from Saipem’s base in Lagos, with most of the engineering also being done in Nigeria. Saipem has placed elaborate plans to involve the local community in their operations, for instance, fabrication activities will almost entirely be conducted in Nigeria with material supply contract opportunities for residents.
Moreover, locally-worked hours have been estimated to reach 75pct for Egina, as part of the plan to boost local involvement. Not to mention the close to 1,500 people that would be employed at the height of its construction phase.
According to Total, the drilling project takes technology and knowledge transfer to a whole new level, since Nigeria will fully benefit from Total’s deep offshore expertise and practice. By the end of 2017, the project’s start-up will greatly reinforce the country’s deepwater production capacity.
There are a total of 5 wells in the field and they all encountered between 60m-80m of oil in the Miocene sands, these oil reserves carry around 550 million barrels in total plus the light oil has been rated at 28-degrees API.
In terms of infrastructure, upon completion the Floating Production Storage & Offloading (FPSO) unit will measure around 33.5m in depth, 61m in width and 330m in length, with a storage volume of 2.3 million barrels. The facility will also have an average dry weight capacity of 34,000 tones.
Thanks to Total for the image and project update, you can see more on the project by visiting their website directly here. Don’t forget, if you have not uploaded your CV/Resume to oil and gas planet, you can do so Here.