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    Home » Multi-billion dollar Egina FPSO leaves South Korea for Nigeria

    Multi-billion dollar Egina FPSO leaves South Korea for Nigeria

    November 1, 2017
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    *Egina FPSO vessel.

    Vincent Toritseju

    01 November 2017, Sweetcrude, Lagos — THE much awaited multi-billion dollars Total Exploration & Production company financed Egina Floating Production Storage Offloading, FPSO, vessel has left the port of Gohyeon, in Jeoje, South Korea for its final integration in Nigeria.

    Confirming the development, The Chief Operating Officer of Samsung in Nigeria, Mr. Frank Ejizu said that the sail-away of the FPSO is a great achievement for the Oil and Gas industry and the Nigerian economy.

    Ejizu explained that the remaining parts of the FPSO will the fabricated and integrated in Nigeria adding that the integration is also a boost for the Local content law.

    “We are ready to receive the Egina- FPSO when it arrives in the next ninety days, when it is fully integrated, it will create employment opportunities for Nigerians.

    The Egina FPSO has a storage capacity of 2.2 million barrel of crude oil and a daily production of 108,000 barrel per day capacity.

    The Egina FPSO is 35 metres high, 330 metres long, with a flare boom that is 100 metres high just as it has capacity to accommodate 200 people at a time.

    The $3.6billion Fabrication end of the Egina project is being handled by the Lagos Deep Offshore Base, LADOL, and it is more that 95 percent completed.

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