Nigeria’s oil output to rise by 200,000 bpd in 2018 — NNPC
The Nigerian National Petroleum
Corporation, NNPC, yesterday, projected a 200,000 barrels per day increase in
Nigeria’s crude oil production by the first quarter of 2018.
This, according to a statement by
the NNPC, would be made possible with the commissioning of the Umblical
Flow-lines and Risers (UFR) for the Egina Deep Offshore Project. Speaking
during the Load out Ceremony of the UFR for the Egina project by Saipem
Contracting Nigeria Limited, in Port-Harcourt, Group Managing Director of the
NNPC, Mr. Maikanti Baru also restated the commitment of the corporation to the
development of Nigerian content in the oil and gas industry. Baru disclosed
that the module will guarantee the drilling of the first oil from the 200, 000
barrels per day Egina field by the first quarter of 2018” He commended Saipem
on the successful completion of the Egina UFR project which also involves the
engineering, procurement, construction, installation and pre-commissioning of
52 kilometers (km) of oil production and water injection flow-lines; 12
flexible jumpers; 2km of oil export line; 20km of gas export pipelines
alongside the installation and commissioning of 80km of steel tube Umbilical
and mooring FPSO and Offshore Loading Terminal. (OLT). He said: “What is being
celebrated is the efficacy of the Nigerian Content Act and the NNPC is strongly
committed to the successful implementation of all provisions of the Act.” Also
speaking, Managing Director of Total, Nicholar Terahz, said the Egina project
was the largest contributor to the development of the Nigerian content in the
oil industry being the largest offshore project currently going on in the
country. He noted that the employment opportunities and technology transfer the
project had generated contributed significantly to the nation’s economy.
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