Lagos — The Bonga Floating Production Storage and Offloading, FPSO, vessel produced over 800 million barrels of crude oil in 13 years of deep-water exploration, confirming it as a pacesetter in offshore oil and gas production in the Gulf of Guinea.
The Shell Nigeria Exploration and Production Company, SNEPCo, commenced production from Oil Mining Lease, OML, 118 (the Bonga field) through the Bonga FPSO in 2005 under a production sharing contract with the Nigerian National Petroleum Corporation, NNPC.
In his review of the performance of the Bonga FPSO vessel for 2018, SNEPCo’s Managing Director, Bayo Ojulari, expressed satisfaction with the consistent availability and optimal performance of the vessel.
“We are relentless in our pursuit of excellence on all fronts, and this we have consistently demonstrated with the management of Bonga to the satisfaction of our government and co-venture partners,” Ojulari said.
“We leverage the Shell group’s global expertise in technology and new advancements in the industry to continue to unlock Bonga’s huge potential, one such example was the completion and inauguration of the Bonga North West Cross Over module in 2014, a first in the history of Shell which launched the beginning of a new phase delivering the reservoirs proven volumes and maintaining production of the FPSO at full capacity,” he said.
The Bonga field increased Nigeria’s oil production by 10 percent when output began in 2005 and has since stimulated the growth of support industries in addition to helping to create the first generation of Nigerian oil and gas engineers with deep-water experience. The FPSO has potential to produce 225,000 barrels of crude oil and 210 million standard cubic feet of gas per day.