Shell targets end of 2014 for FID on Bonga South West project

Shell 319 March 2014, Lagos – Shell Nigeria has stated that it is pushing forward to have the Final Investment Decision (FID) of the $12.5billion world-scale Bonga South West deepwater project ready by the end of this year.

Shell Nigeria Exploration and Production Company (SNEPCo) began producing oil and gas from Bonga field, Nigeria’s first deep water oil discovery, which is located in Oil Mining Lease (OML) 118, in 2005.

Lying 120kilometres offshore, the Bonga Floating Production Offshore (FPSO) vessel has the capacity to produce more than 250,000 barrels of oil a day and 150 million cubic feet of gas a day.

The 225,000 barrels per day capacity Bonga South West offshore project, which is also located on OML118 was discovered in 2001 with first oil scheduled for 2020.

The Bonga South West development plan will entail the construction of an FPSO vessel with a production capacity of 225,000 bpd, and two phases of drilling for a total of 44 wells – 22 producers and 22 water injectors.
It will also require the deployment of a subsea production system with 85 kilometers of pipe-in-pipe, 65 kilometers of umbilicals, three water injection lines and four production loops.


– Ejiofor Alike, This Day

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