TOTAL, NNPC, other partners to launch EGINA crude at APPEC Singapore

Total alongside the Nigerian National Petroleum Corporation (NNPC) and other investors will be launching the Egina crude in Singapore at the Asia Pacific Petroleum Conference (APPEC) this month.

The launching will take place during the 34th Annual Asia Pacific Petroleum Conference (APPEC 2018) slated to hold from September 24 to 26, 2018, which has grown to become Asia’s most prestigious industry conference and has served as a focal point for the exchange of ideas and business networking in the Asia-Pacific and global oil markets.

A copy of an invitation to the conference, reported by Reuters, shows that the launch will take place at a reception billed to be hosted by stakeholders at the conference.

The Egina oil field in Nigeria is expected to start production in December 2018. Total Egina FPSO sailed away last month from the SHI-MCI Yard, LADOL Island, in the early hours of Sunday August 26th to the Egina oilfield in Oil Mining Lease 130, which is located about 150km offshore the Niger Delta.

The FPSO was built by Samsung Heavy Industries of Korea at a cost of $16bn by the global oil giant, Total.

The FPSO is 330-metres long, and was berthed at the SHI-MCI Yard, Ladol Island in Lagos where the integration of locally fabricated modules was done before it sailed to the Egina oilfield.

TOTAL took the FID of EGINA in 2013, 3 years after the NOGIC Act. It became the test case of the law. The FPSO is the third of its kind developed by TOTAL in Nigeria. These projects have brought progressive increase in levels of Nigerian Content and this is well illustrated by the percentage of total project workload performed in Nigeria: from 44 per cent for Usan, Total recorded 60 per cent for Akpo and now 77 per cent is achieved for Egina FPSO.

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