Minister of State for Petroleum Resources (Petroleum) Heineken Lokpobiri has said the on-site refurbishment of the FPSO Tamara Nanaye, a floating production storage and offloading vessel at the Loud Yard in Apapa, Lagos State, will increase oil production in the country.
The upgrade of FPSO Tamara Nanaye is said to be the first of its kind in the country’s history and is a sophisticated project to be carried out entirely domestically, making it one of the This is the second time in Africa that this has been done, and the first time it was refurbished in South Africa. 20 years ago.
While inspecting the new components that will be retrofitted when the FPSO is refurbished, Mr. Lokpobiri spoke about the project, including private sector partners such as the Nigerian National Petroleum Corporation and its subsidiaries, WAEP Century Group, Dangote Industries and Access. He praised the various stakeholders involved. bank.
“I am very impressed with what I saw here today. This is exactly what Nigeria needs at a critical time in its development. Our goal is to increase oil production to more than 2 million barrels per day. “This type of investment in local production capacity is a key part of achieving that goal,” he said.
FPSO Tamara Nanae will be deployed to Karaekrefield in OML 71/72 after the refurbishment is completed.
The deployment is expected to increase Nigeria’s production by 40,000 barrels of oil and 50 million standard cubic feet of gas per day.
Century Group CEO Ken Etete said the FPSO was originally designed for deepwater operations in Australia and was brought to Nigeria in 2016 and deployed on OML 113, where it will operate in 2022. It was explained that it was produced until November 2017.
Mr Etete said significant upgrades were being made to the topside, hull for structural integrity and mooring systems due to the Karaekuru field’s new role in shallow waters.
Etete noted that it was a milestone achievement for Nigeria’s oil and gas sector as the domestic retrofit was carried out almost entirely with local resources.
“This is a very unique project. For the first time, we are using Nigerian labor to carry out upgrades within the country, which will not only benefit the economy but also improve the skill set of the local workforce.” he added.
The project is expected to be completed by the first quarter of 2025 and is expected to significantly increase Nigeria’s oil production by Tamara Nanaye.
