$3.3bn Egina FPSO has opened Nigeria for more investments, say stakeholders
The $3.3 billion Floating Production Storage Offloading (FPSO) unit that sailed away in the early hours of Sunday from Lagos to the 200,000 barrels per day Egina oilfield has opened...
Group petitions presidency, EFCC over 30,000 job losses in Egina FPSO
Young professionals in the oil and gas sector yesterday petitioned President Muhammadu Buhari and the Economic and Financial Crimes Commission (EFCC) to protest against corruption in the sector, which has led to the loss of 30,000 jobs.
Egina FPSO sail-away buoys oil, gas production increase
Anticipated increase by 200,000 barrels of oil per day to Nigeria’s oil production (approximately 10 per cent of the country’s total oil production) received impetus following the successful sail-away of the Egina Floating, Production, Storage and Offloading (FPSO). This comes on the heels of latest report from the Organisation of the Petroleum Exporting Countries (OPEC),…
Monopoly, bureaucracy inimical to Nigeria’s growth, says Osinbajo
Monopoly in Nigeria's business environment and government-controlled economy are disservice to the national economy and country's development, Acting President Yemi Osinbajo has disclosed.
AfrikDelta Marine tows Egina FPSO for full integration
Samsung Heavy Industries (SHI), has contracted AfrikDelta Marine Limited (ADML), a Nigerian supplier of marine services and a member of Jagal Energy, for the tow and turning services for the Egina Floating Production Storage and Offloading (FPSO) vessel. The services delivered by ADML would enhance full integration of the vessel, which is currently berthing at…
We will deliver Egina FPSO ahead of schedule, says Ladol boss
The Chairman, Lagos Deep Offshore Logistics Base (LADOL), Ladi Jadesimi, has expressed the company’s readiness to deliver the $3.8 billion Egina Floating Production Storage Offloading (FPSO) vessel ahead of the scheduled period slated for six months. Jadesimi, who expressed optimism that Total’s FPSO has given opportunity to the nation to further grow its human capital…
Uncertainty as $3.8 billion Egina FPSO vessel approaches Nigeria
There are palpable fears that the position of the Nigerian Ports Authority (NPA) to bar the much-expected Egina Floating Production Storage Offloading (FPSO) vessel from the Nigerian waterways may jeopardise the multi billion-dollar oil project. Egina Floating Production and Offloading vessel (FPSO) is a giant oil production ship operated by Total E & P…
Egina FPSO sails to Nigeria in August
The Director General, NIMASA, Dakuku Peterside, said the project, which is unprecedented in the history of Nigeria, will increase the knowledge base of NIMASA and ultimately fetch the country the much needed foreign exchange.