News
Shell commences production from Bonga Phase 3 project
By ANDREW OJIEZEL
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) today, Monday October 5, 2015 announced the start-up of production from the Bonga Phase 3 project.
Andrew Brown, Shell’s Upstream International Director, said: “This new start up is another important milestone for Bonga, adding valuable new production to this major facility.”
Bonga Phase 3 is an expansion of the Bonga Main development, with peak production expected to be some 50,000 barrels of oil equivalent. This will be transported through existing pipelines to the Bonga floating production storage and offloading (FPSO) facility, which has the capacity to produce more than 200,000 barrels of oil and 150 million standard cubic feet of gas a day.
The Bonga field, which began producing oil and gas in 2005, was Nigeria’s first deep-water development in depths of more than 1,000 metres. Bonga has produced over 600 million barrels of oil to date.
The Bonga project is operated by SNEPCo as contractor under a production sharing contract with the Nigerian National Petroleum Company, which holds the lease for OML 118, in which the Bonga field is located. SNEPCo holds a 55 per cent contractor interest in OML 118. The others are Esso Exploration & Production Nigeria Ltd (20 per cent), Total E&P Nigeria Ltd (12.5 per cent) and Nigerian Agip Exploration Ltd (12.5 per cent).
-
Sports3 days agoSenegal opens Dakar 2026 Youth Olympic Games, Africa’s first Olympic event
-
Latest5 days agoTinubu endorses Nigeria’s participation in 2026 World Travel Market London
-
Football4 days agoU-17 Women’s World Cup: Flamingos Beat Mexico to Reach Quarter-Finals
-
News1 week agoRugby: Borthwick Faces Key Selection Questions as World Cup Looms
-
Latest3 days agoNetanyahu, Eisenkot face coalition deadlock as Israel struggles to form new government
-
Featured4 days agoHow court ruling reshapes APC’s Imo West Senatorial contest
-
Crime1 week agoPassengers feared abducted on Kebbi-Abuja journey as viral video shows armed men threatening captives (VIDEO)
-
Business2 days agoNNPC’s N66-per-litre petrol discount set to end October 31


