NAE/SNEPCO - ZabaZaba Offshore FPSO Development

General Information
Owner Shell Nigeria Exploration & Production
Masterplan Project (Parent Profile)
Location Nigeria
Status --
Sector Oil, Upstream, Oil Extraction
Contract Type Engineering Procurement Construction (EPC)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 0
Estimated Budget Value ---
Contract Value 0
Net Value $13500m
Award Date March 2022
Completion Date December 2024
Last Updated On December 2021
ProjectId (Old, New) 208867, 208867


Nigerian Agip Exploration Ltd (NAE), a subsidiary of Eni and Shell Nigeria Exploration Company (SNEPCO), is undertaking the development of floating production, storage and offloading (FPSO) vessel with a production capacity of 17,751 oil tonnes per day (tpd), as a part of ZabaZaba-Etan at OPL 245, Nigerian coast, Nigeria.

The US$13,500 million project includes the following:

1. Construction of an FPSO vessel

2. Construction of associated infrastructural facilities

3. Drilling of production wells

4. Laying of pipelines

5. Laying of cables

6. Installation of integrated control

7. Installation of safety systems

Second Section

14 December 2021

The project is facing delay due to legal disputes.

14 March 2021

The project was placed on hold due to legal disputes over block OPL 245.

21 December 2020

The project is facing a delay due to the FID and the contract for the project was not yet awarded.

04 February 2020

The project is facing delay due to disputs of Oil Prospecting Lease (OPL) 245.

17 January 2019

The project was facing delay due to delay in Final Investment Descision (FID).

19 October 2018

The project was facing delay.

19 September 2018

The project was facing delay.

02 May 2018

The project was facing delay over the local content.

30 April 2018

Bumi Armada was considered as the front-runner.

20 November 2017

Saipem S.p.A and Bluewater Energy Services was selected as the lowest bidder with a bid amount of US$5,400 million.

30 August 2017

NAE completed the evaluation of technical and commercial bids.

01 July 2017

The project is facing delay, due to the undisclosed ownership issues.

30 June 2017

NAE requested the pre-qualified bidders to submit the commercial and technical bids.

01 March 2017

The project is facing delay, due to the undisclosed ownership issues.

01 October 2016

Bumi Armada, BW Offshore, Saipem and JV of SBM Offshore N.V and China National Offshore Oil Corporation were selected as the pre-qualified bidders and technical bids were submitted. However, BW Offshore was shortlisted for the original contract.

01 January 2014

NAE and SNEPCO announced plans to develop the ZabaZaba FPSO project.