Close Menu
    Trending
    • Chippa United coach laments Nwabali’s departure 
    • Confirmed line-ups for Premier League clash
    • Enugu Economic Survival Summit: Iyere writes NJC over pending petition 
    • FCT polls: INEC chief declares BVAS “game changer” after successful mock acccreditation
    • Nigeria not ready for real-time e-transmission of election results – Lecky, ex-INEC commissioner
    • Bad Bunny lyrics to know before his 2026 Super Bowl halftime show
    • Dinosaurs for sale: Is the global fossil market harming science? | Investigation
    • City boy movement: Cubana Chief Priest appointed as Imo State director
    Nigeria Newz
    • Home
    • Nigeria News
    • Nigeria Politics
    • Africa News
    • World News
    • US News
    • Nigeria Lifestyle
    • More
      • Nigeria Business
      • Nigeria Economy
      • Entertainment
      • Nollywood Movies
      • Relationship
      • Soccer
      • Sports
      • Travel News
    Nigeria Newz
    Home»Nigeria Economy»Nigeria loses 225,000 bpd as Shell begins major maintenance on Bonga oil platform
    Nigeria Economy

    Nigeria loses 225,000 bpd as Shell begins major maintenance on Bonga oil platform

    NigeriaNewzBy NigeriaNewzFebruary 1, 2026No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Shell Nigeria Exploration and Manufacturing Firm Restricted (SNEPCo) has launched a upkeep program on its Bonga floating oil platform, a important asset that produces greater than 225,000 barrels per day in one in all Nigeria’s most important deepwater developments.

    The turnaround upkeep on the Bonga Floating Manufacturing Storage and Offloading (FPSO) vessel is designed to increase the ability’s operational life by 15 years and guarantee continued secure manufacturing from the offshore subject, the corporate mentioned on Sunday.

    “The scheduled upkeep exercise is designed to make sure the FPSO continues to function safely and effectively for the following 15 years, whereas decreasing unplanned deferments and strengthening the asset’s general resilience,” Ronald Adams, managing director, SNEPCo mentioned in an announcement.

    Operations are anticipated to renew in March following completion of the work, Adams added.

    The upkeep program encompasses statutory inspections, certification processes, regulatory compliance checks, and main integrity upgrades. Engineering modifications aimed toward bettering long-term operations and subsea assurance actions are additionally included within the scope.

    Positioned roughly 120 kilometers offshore in water depths exceeding 1,000 meters, the Bonga FPSO has a manufacturing capability of 225,000 barrels of oil and 150 million customary cubic ft of fuel day by day. The power performs a significant position in Nigeria’s power safety and authorities income technology.

    The timing of the turnaround is strategically important for SNEPCo and its three way partnership companions. In 2024, the companions authorized a remaining funding resolution on Bonga North, a subsea tie-back improvement that can depend on the Bonga FPSO’s processing capability.

    Profitable completion of the present upkeep is taken into account important for getting ready the ability to deal with further manufacturing volumes and operational necessities from the brand new improvement.

    The final turnaround upkeep on the FPSO was carried out in October 2022. Three months later, in February 2023, the asset reached a milestone by delivering its one billionth barrel of oil since manufacturing started in 2005.

    SNEPCo operates the Bonga subject underneath a manufacturing sharing contract with the Nigerian Nationwide Petroleum Firm Restricted (NNPC Ltd). Companions within the enterprise embrace Esso Exploration and Manufacturing Nigeria (Deepwater) Restricted and Nigerian Agip Exploration Restricted.

    Nigeria, Africa’s largest oil producer, has struggled in recent times to take care of manufacturing ranges resulting from ageing infrastructure, theft, and underinvestment. Main upkeep packages just like the Bonga turnaround are considered as essential for sustaining output from mature fields whereas new developments come on-line.

    The Bonga subject represents one in all Nigeria’s most profitable deepwater initiatives and has been a constant contributor to the nation’s oil manufacturing because the mid-2000s.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    NigeriaNewz
    • Website

    Related Posts

    Enugu Economic Survival Summit: Iyere writes NJC over pending petition 

    February 7, 2026

    Higher capital thresholds and new VASP licences: Key takeaways from the Nigerian Securities and Exchange Commission’s January 2026 circular

    February 7, 2026

    Why trade must be the next core pillar of the Africa-Europe partnership

    February 7, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Economy News

    Police find 383 corpses piled up in crematorium near U.S. border in Mexico

    By NigeriaNewzJuly 2, 2025

    Two folks have been arrested after police discovered 383 corpses piled up in a non-public…

    ‘Massive’ Russian air assault kills at least six in Ukraine’s capital Kyiv | Russia-Ukraine war News

    June 23, 2025

    Japan boxing to hold emergency meeting following fighters’ deaths | Boxing News

    August 11, 2025

    Matheus Cunha earns glowing praise as Man United insider details his revolutionary impact – Man United News And Transfer News

    December 26, 2025

    2027: Ogun PDP backs Olawepo-Hashim, says ‘politics of entitlement’ over

    October 18, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    About us

    Welcome to Nigerianewz.com — your trusted source for the latest and most comprehensive news about Nigeria, Africa, and the world.

    At Nigerianewz.com, we are passionate about keeping you informed with up-to-date, accurate, and insightful news coverage across a wide range of topics that matter to you. Whether you want to catch up on Nigeria Politics, get breaking Africa News, or stay updated on global happenings through our US News and World News sections, we’ve got you covered.

    Our mission is to connect you with authentic stories, powerful voices, and engaging content that reflects the dynamism of Nigeria and the broader African continent. Nigerianewz.com is designed to be your go-to platform for everything happening at home and around the globe.

    Thank you for choosing Nigerianewz.com — where news lives, breathes, and speaks to you.

    Recent Posts

    Lights. Camera. But very little action. Why?

    February 4, 2026

    Convention: PDP govs close ranks, promise fair contest in Ibadan

    October 7, 2025

    ‘Gen Zs aren’t lazy; we only desire quick progression, regular salary increases, all the perks’

    November 16, 2025

    Abure’s Sack: Labour Party vows to appeal judgement

    January 21, 2026

    Joseph Ikpea: From Esan Roots to the Halls of the Senate

    October 8, 2025
    Categories
    • Africa News
    • Entertainment
    • Nigeria Business
    • Nigeria Economy
    • Nigeria Lifestyle
    • Nigeria News
    • Nigeria Politics
    • Nollywood Movies
    • Relationship
    • Soccer
    • Sports
    • Travel News
    • US News
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Nigerianewz.com All Rights Reserved.

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