NAE/SNEPCO - ZabaZaba Offshore FPSO Development
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
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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.