• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Saturday, June 21
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Energy»Oil & Gas»Egina FPSO Will Sustain Nigeria’s Deepwater Oil Exploration Initiative- Senate Committee
Oil & Gas

Egina FPSO Will Sustain Nigeria’s Deepwater Oil Exploration Initiative- Senate Committee

By Orientalnews StaffFebruary 21, 2018No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Image result for The Nigerian Senate Committees on Gas and Petroleum (Upstream) have commended Total

Yemisi Izuora 

The Nigerian Senate Committees on Gas and Petroleum (Upstream) have commended Total and its partners for the remarkable progress made towards the completion of the Egina Floating, Storage, Production and Offloading (FPSO) unit, which is currently being finalized at the Samsung Heavy Industries (SHI) Yard in LADOL Free Zone, Lagos.

Senator Omotayo Alasoadura, who is chair of the Senate Committee on Petroleum Resources and his Gas Committee counterpart, Senator Barnabas Gemade, led their committees on an inspection tour of the 330m-long Egina FPSO where they expressed delight with the pace of work on the unit and its massive Nigerian content profile.

“Seeing the Egina FPSO has shown that a good investment has been made to ensure that Nigeria moves deeper and deeper into the sea to exploit its God-given endowment of oil,” stated an elated Senator Alasoadura, pointing out that touring the FPSO facility had been a very wonderful experience.

“I believe that with Egina going operational very soon, Nigeria will be able to meet its quota not only to OPEC but also will have enough to meet its other commitments. I believe that it is a good project and Total has done a great thing bringing such an FPSO to Nigeria making it first in Africa. This milestone has brought us to where we should be as the giant of Africa,” he added.

On the local content work being done on the project, Senator Alasoadura said: “It is massive development of capacity. You cannot do much for local development without building capacity and that has been done by giving Nigerians the opportunity to build part of what we are seeing here today. I am sure the next time it will take less money and time to build something similar because of developed capacity.”

In his remarks, Senator Gemade who led the Senate committee on Gas said, “We are very excited about the participation of Nigerians that are technically qualified in major and huge projects like Egina. This impact cannot just be swept under the carpet. Those responsible for actualising this project must be commended.”

The Managing Director of Total Upstream Companies in Nigeria, Mr Nicolas Terraz, thanked the senators for taking the time to visit the Egina FPSO saying, “What you are seeing here is a product of the hard work of our staff, many of whom are Nigerians, along with our very supportive partners and Nigerian authorities.”

Other senators on the visit were Senators Gershom Bassey, Magnus Abe, Samuel Egwu, Peter Nwaoboshi, Benjamin Uwajumogu, Baba Garbai, Ogola Foster and Ibrahim Kurfi.

The Egina FPSO cast anchor at the SHI-MCI quayside, LADOL Island, Lagos, after her 86-day journey from South Korea to Nigeria on January 28, 2018 for the integration of six locally fabricated topside modules.

 

Being the first project to be launched after the enactment of the Nigerian Oil & Gas Industry Content Development Act in 2010, the ongoing integration and work on the Egina project pushes the Nigerian local content on the project to the highest level and has set a benchmark for the Nigerian Oil & Gas Industry.

Share this:

  • Share
  • Email
  • Tweet
  • Reddit
cover
Orientalnews Staff

Related Posts

Gas Turbine Leaders Set For Asset Management Conference For Africa’s Power Revolution 

June 20, 2025

Nigeria Issues Framework To Track Crude Oil Export

June 19, 2025

Africa Faces Challenges Exploring Huge Gas Deposits-APPO 

June 19, 2025

Leave A Reply Cancel Reply

The latest
  • UCAMWAL Launches Two New Mutual Funds In Francophone West Africa
  • BNY Mellon, Standard Bank to Facilitate Access to Nigerian Naira Debt — Bloomberg
  • Firm Arraigned For Illegal Capital Market Operations 
  • Police Affairs Ministry Expects Positive Outcome After Personnel Performance Contract Agreement 
  • Eagle Theatre Drama Series Debut On EFCC Radio
  • Man Arraigned For Alleged  N5bn Money Laundering
  • LUTH’s Breakthrough In Bone Marrow Transplant Raises Hope On Sickle Cell Treatment
  • FG To Provide Light Rail For Kaduna State
  • Media Rights Agenda Launches Practical Guide For Media On Leveraging Digital Tools
  • NEITI To Release Policy Brief On Sub National Debt Development Financing And Nigeria Tax Reforms.
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2025 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.