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$5 Billion Bonga North Undergoing Development In Readiness for FID–SNEPCO

 

BONGA FPSO

The $5 billion Bonga North is currently undergoing development in readiness for the Final Investment Decision (FID).

SNEPCo is working with its partners and NNPC to meet necessary conditions towards the FID for Bonga North.

An official response from SNEPCo as regards an enquiry on the reasons why the Bong North suddenly becomes a preferred choice over Bonga South West, stated that the company  is committed to working with NNPC and co-venturers to develop its growth projects in a pace that delivers best value for Nigeria and all stakeholders.

Industry sources had told Business Standards that the reason    why attention shifted to Bonga North was because it is easy and cheaper to achieve when compared to Bonga South West.

Bonga North is said could easily be tie back to Bonga main  facility, unlike Bonga South West which development would require a completely new FPSO.

Bonga North has crossed both technical and commercial hurdles, one industry operators said.

Bonga South West according to industry sources, not Shell, would be brought back, but not before the year 2024/25. But the current development across the globe favours the development of the oil field to meet the exigency of time.

Sometime around May this year, Shell Nigeria Exploration and Production Company (SNEPCo) an Operator of NNPC OML 118, invites interested and reputable contractors to indicate an expression of interest and apply for the pre-qualification, for consideration to tender (with reference number CW497776) for the Design, Manufacture and Supply of Subsea Equipment and Provision of Healthcare support for the Bonga North field development Project.

The block has an area of approximately 1,200 km2 and located about 120km from the coast, in water depths ranging from 900m -1300m. The field development is a subsea tie back to the Bonga Main FPSO with a production flow loop (4 Production Drill centres) and a single water injection flowline (3 water Injection Drill centres) and 2 Dynamic Umbilical and 1 Gaslift Umbilical Bundle. Also included is the modification and upgrades of the topsides ancillary facilities, utilities and control systems on the Bonga FPSO to facilitate the onboarding and safe operation of Bonga North field.

The scope of work shall include but not limited to the design and engineering, procurement, fabrication, manufacturing and assembly, testing, maintenance and refurbishment, integration, preservation, storage and delivery to SNEPCo, offshore hook-up, installation, pre-commissioning, commissioning and start up support, and Healthcare support (aftermarket) for the Subsea Hardware Equipment:

$5 Billion Bonga North Undergoing Development In Readiness for FID–SNEPCO

 

 

 

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