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Bonga project unhindered by oil slump –Shell

It therefore said in a statement issued by its spokesman, Precious Okolobo, that it is committed to the implementation of the project.The company said it…

It therefore said in a statement issued by its spokesman, Precious Okolobo, that it is committed to the implementation of the project.
The company said it is currently processing the tender for the Engineering, Procurement and Construction (EPC) contracts to support the project.
Okolobo quoted the Managing Director, SNEPCo, Tony Attah, as saying that: “We can confirm that we are currently processing the tender for the Engineering, Procurement and Construction (EPC) contracts to support the project.”
“Although, the process has encountered some delays, we are optimistic for a final investment decision in the 2015/16 timeframe under the right conditions.”
He explained that the BSWA project includes the construction of a new floating production, storage and offloading (FPSO) facility with an expected peak production of 225 thousand barrels of oil per day. The BSWA field straddles Oil Mining Leases (OML) 118, OML132 and OML140.

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