EGINA DEEP WATER ATTRACTS $1BN INVESTMENT

The local content component of the Egina deep-water project has hit over $1billion, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Ernest Nwapa has disclosed.

  Egina-Total Exploration and Production’s $15billion deep water project is the first major oil and gas project to be started under the Nigerian Content Act and it includes an FPSO unit, an oil offloading terminal and subsea production systems such as risers, 52 kilomres of oil and water injection flow lines, 12 flexible jumpers, 20km of gas export pipelines, 80 kilometres of umbilical and subsea manifolds

Read more @ Guardian