*Delivers three FPSOs in ten years
Port Harcourt — Total Exploration and Production Company Nigeria Limited, TEPNG, has hinted that the company is targeting to start up production in its IKIKE satellite field by 2021.
Managing Director of Total, Nicolas Terraz, while speaking on Upstream Opportunities at the Nigerian Oil and Gas Opportunity Fair, NOGOF, said that the company has delivered three Floating Production Storage and Offloading, FPSO, in the last 10 years.
Terraz who spoke extensively on two projects, PREOWEI, and IKIKE development, explained that IKIKE project which is 20km offshore of Nigeria and in 20m water depth is a Joint Venture of NNPC- 60percent and Total – 40percent.
Represented by the Executive General Manager, Operations Support Services, Alex Aghedo, Terraz who is also the Country Chair, Total in Nigeria, stated that IKIKE development which is 15km north of Amenam-Kpono complex would take Nigerian content to the next level.
According to him, “For us in Total, we have delivered three FPSOs in ten years and the last one which was launched in December, a big one (Egina FPSO) is talked about all over the world.
The two projects we are currently working on is PREOWEI and IKIKE development. IKIKE is going to take us to the next level of our achievements in Nigerian content. For the Egina project, we achieved 77 percent local content and we are expecting to surpassed that in this project.
“For IKIKE we are targeting to start production in 2021, we expect that all the services that is associated with this kind of project will attract bids from Nigerians.
“The success of IKIKE project will lead to the development of similar satellite fields in Total’s portfolio and would spur other industry players.”
On its PREOWEI development, Total said the company is working with the Department of Petroleum Resources, DPR to get the approval of the project, and also working with NCDMB to get the project running.
“PREOWEI development is tied back to Egina FPSO, located at OML130 deep offshore and 29km north of Egina. Subsea field development is tied back to Egina. Studies for pre-project and basic engineering would end in Q3 of 2019.”
On the Nigerian content opportunities available in two projects, according to the firm include, “Engineering, procurement, construction and fabrication, installation, pipelines, and large bore valves, actuated valves, rotating equipment.
Others are, “Power, drilling and completion, umbilical and communication lines, floatel, modern nodes and source vessels for IKIKE and PREOWEI seismic respectively.”