Nigeria: Usan Production Starts Next Month

Nigeria: Usan Production Starts Next Month

French supermajor Total revealed that first oil from its Usan field located in OML 138 offshore Nigeria would start flowing in March, according to Reuters.

Reuters quoted Total Nigeria Upstream manager as saying: “We are about to start. It will be before the end of the first quarter”.

On February 10, Total announced that 2012 budget for organic investments was $24 billion, of which more than 80% will be dedicated to the upstream.

The company said it was working towards achieving the objective of growing production by 2.5% per year on average between 2010 and 2015. The ramp-up of Pazflor in Angola and the start-up of several major projects, including Usan in Nigeria, Angola LNG, and Bongkot South in Thailand are expected to help Total to fulfil the objective.

The oil production will run via one of the world’s largest FPSO units built by South Korea’s Hyundai Heavy Industries. The 320-meter long and 61-meter wide vessel will take up the crude oil from the field, process it, and store up to two million barrels of oil on board. If 160,000 barrels of oil are produced per day as planned, enough capacity is available on board for ten days, following which tankers arrive and convey the oil onto land for further processing.

Offshore Energy Today Staff, February 21, 2012; Image: Total

 

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply