Saipem Proceeds with FPSO Vessel

Saipem Proceeds with FPSO Vessel

Saipem Contracting Nigeria Limited (SNCL) has completed the fabrication of some components of the floating production, storage and offloading (FPSO) vessel for the Egina field operated by Total Exploration and Production Nigeria Limited. The cost of the FPSO is estimated at $3.3b, The Nation reported.

The contract was awarded to Saipem in 2013, and included work in Port-Harcourt to guarantee the drilling of the first oil from the 200,000b/d Egina field by the first quarter of 2018, according to Hellenic Shipping News.

Egina field located in Oil Mining Lease (OML) 130 is slated to begin production in 2017, and the FPSO is scheduled to arrive in Nigeria during  April 2017 from the Samsung Heavy Industries fabrication yard in Korea.

Early October, Egypt Oil&Gas reported that NNPC had estimated that the country would increase its crude oil production due to the commissioning of the Umbilical Flow-lines and Risers (UFR) for the Egina Deep Offshore Project, by Saipem Contracting Nigeria Limited.


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