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Egina FPSO

NPA receives Egina FPSO, assures enabling environment for Oil & Gas sector

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman on Wednesday, officially unveiled the safe arrival of the Egina FPSO at Lagos Harbour after a long ninety-day voyage from the Samsung Shipyard Heavy Industry Goeje, South Korea….

Two issues Total Upstream must address as Egina FPSO arrives LADOL facility

Just as excitements grow for the successful arrival of the $16bn Egina Floating Production, Storage and Offloading (FPSO) vessel, industry analysts have started looking at critical challenges that may frustrate the concluding fittings of the facility at Samsung Yard (SHI-MCI…

NPA suspends operation of service boats to IOCs, debtor companies

…Nigerian waterways access to Egina FPSO in doubt The expected berthing of Total’s $16b Egina FPSO at LADOL Yard in Lagos for further integration of facilities before takeoff to the high sea is now in serious doubt as the Nigerian…

Total defends $16bn Egina FPSO, assures production from Q4 2018

Contrary to objections by the National Assembly that the total cost of Total Upstream Nigeria Limited’s (TUPNI), Egina Floating, Production, Storage and Offloading unit (FPSO), the company has argued that the rising cost differentials’ between 2003 and now are due…

Explain why Egina FPSO is more expensive than others worldwide, Senate tells Total

A fresh twist is engulfing the recently completed $16bn Egina floating, production, storage and offloading (FPSO) by Total Upstream Nigeria Limited. In a memo obtained by Business Hilights Abuja Bureau chief, the Senate Committee on Local Content is seeking to…

Excitements rise on Egina project’s capacity to boost oil production by 200,000bpd

News of readiness of the Egina FPSO in Samsung fabrication facility, South Korea has started eliciting reactions in the oil and gas industry. According to the Deputy Managing Director of Total Nigeria, a principal partner of the Egina Project, Mr….

Excitement rages in oil industry as Egina FPSO arrives this month

Feelers from Samsung Facility in South Korea have shown that all is set for homeward journey of the new Egina FPSO fabricated for the advancement of deep-sea exploration activities in Nigeria. Samsung Heavy Industries of Korea recently said it had…

Nigeria’s Egina FPSO nearing delivery in Korea, to arrive August—NIMASA DG

Feelers from the fabrication site of the multi-billion dollar Egina Floating Production Storage and Offloading (FPSO) scheme in Geoje, South Korea have indicated that finishing touches is being given to the platform and it will be home come August this…