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Shell’s Bonga field achieves 763m barrels of oil production

Shell Nigeria Exploration and Production Company (SNEPCo) said its flagship oil field, Bonga, has delivered a total of 763 million barrels of oil between first production in 2005 and end of 2017 and has expanded the field with further drilling of wells in Bonga Phases 2 and 3 and through a subsea tie-back that unlocked the nearby Bonga North West field in August 2014.

SNEPCo’s Managing Director, Bayo Ojulari, said: “The success story at Bonga is not only that it is Nigeria’s first oil and gas production project in more than 1,000 metres of water depth, or that It increased Nigeria’s oil production capacity by 10 per cent in 2005.”

According to him, “The main point is that Bonga is a Nigerian venture delivered by Nigerians using global expertise and processes offered by Shell that have launched Nigeria into the league of notable deepwater players,” he noted while reviewing the operations of the company to reporters in Lagos.

He stated that the Bonga turnaround maintenance in March and April 2017 was a significant milestone in SNEPCo’s operations. This was the most complex and largest of the three previous turnaround maintenances in the 12-year history of Bonga, and has helped to ensure safe and sustained production and reduced unscheduled production deferments. More than 1,000 people and more than 50 Nigerian contractor and sub-contractor companies participated in the exercise, he added.

Another milestone was the refurbishment of five subsea trees in 2015 at a fabrication yard at Onne in Rivers State, the first in Sub-Saharan Africa, with Nigerian engineers and technicians playing key roles. The feat is consistent with the growth of support to industries from Bonga operations, which have boosted demand for a range of goods and services including offshore vessels and platforms, materials, floating hotels, helicopters and manpower, creating jobs and providing a range of training and maintenance services to the industry locally, the firm said.

Working in close collaboration with the Nigerian National Petroleum Corporation (NNPC,) the concessionaire and co-venture partners, SNEPCo has implemented a robust social investment portfolio that has made visible impact in the six geopolitical zones of Nigeria.

Ojulari commended the staff and contractor personnel who have worked hard to ensure sustained production at Bonga, thereby creating a stable source of revenue for all stakeholders particularly the Nigerian government.

“We are working hard to strengthen the Nigerian connection. It is not a coincidence that, since 2005, the Managing Director of SNEPCo has been Nigerian and today, 96 per cent of SNEPCo’s members of staff are Nigerians. SNEPCo is also committed to further unlocking Nigeria’s deepwater resources and along with its co-venture and government partners is evaluating opportunities to further increase production of the Bonga field in an efficient and cost-effective way,” Ojulari added.

 

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