Nigeria to host largest offshore oil production

Africa is host to one of the world’s largest oil and gas projects for the first time. According to
TotalEnergies, the stakes are high, particularly because commitment to host countries is one of the
keys to their success.
“Our local economic development policy focuses on three main areas: hiring and training local people,
purchasing local goods and services, and developing local infrastructures.
TotalEnergies, the Nigerian Content Development Monitoring Board (NCDMB) and the main project
contractors have set themselves an ambitious objective: to train more than 200 Nigerian students as
engineers and technicians, in order to develop their skills and improve their career prospects.

Located some 130 kilometers off the coast of Nigeria at water depths of more than 1,500 meters, the Egina
oil field is one of our most ambitious ultra-deep offshore projects. Primarily developed locally to accelerate
the pace of Nigeria’s industrial fabric and the transfer of technology, the project will produce 200,000 barrels
of oil per day, i.e., close to 10% of the country’s total oil production.
A colossal project in ultra-deep water
Discovered in 2003, the Egina field is located at water depths of between 1,400 and 1,700 meters, 200
kilometers offshore from Port Harcourt. It is operated by TotalEnergies, which has a 24% stake, in
partnership with NNPC, CNOOC, Sapetro and Petrobras.
The project is based on a subsea production system connected to a FPSO (floating production, storage and
offloading vessel) designed to hold 2.3 million barrels of oil. Weighing close to 220,000 metric tons and
measuring 330 meters long by 60 meters wide, the Egina FPSO is the largest ever built by TotalEnergies.
The FPSO is connected to 44 subsea wells 1,600 meters deep and will produce 200,000 barrels of oil per
day.
More than half of the people involved in building the project infrastructure were Nigerian, and close to
77% of the hours worked on the project have been onsite in Port Harcourt or in Lagos.
Lastly, infrastructure in the country has been extended and enhanced, notably via the construction of
a 500-meter-long dock to assemble the FPSO. Once it has served this purpose, the dock will be
available for other industrial projects.
A win-win partnership that should enable TotalEnergies and Nigeria to continue together on an
adventure that began more than 50 years ago.