Bonga News

Nigeria Renews Offshore Lease OML 118 with Shell, Total, Exxon, Eni

May 26, 2021

The Nigerian National Petroleum Corp renewed Oil Mining Lease 118 [Bonga] with the local subsidiaries of Shell, Total, Exxon, and Eni for another 20 years, the West African country’s state oil firm said in a statement on Tuesday.The deal signals…

TMC Compressors Names New CEO

Apr 20, 2021

TMC Compressors (TMC), an Oslo-based company supplying offshore and marine compressors, has appointed Christian Ness as the company’s new CEO.Christian Ness succeeds Per Kjellin as part of a planned generational change. Kjellin will continue…

Shell's Tech Pro Joins Management of Offshore Digital Twin Firm Akselos

Apr 07, 2021

Akselos, a company developing real-time digital twins for offshore energy industry applications, has appointed Shell Venture’s Michiel Van Haersma Buma as Vice President of Customer Success.Van Haersma Buma joins Akselos after a 12-year career with Shell as a commercial technologist…

TMC to Deliver Compressors for Shell's Bonga FPSO

Jan 11, 2021

TMC Compressors (TMC), a Norway-based provider of compressed air systems for the marine and offshore industry, has won a contract to supply a complete offshore topside compressed air system to Shell's Bonga Main FPSO in Nigeria.TMC will deliver…

Akselos, Shell Pen 3-Year Digital Twins Agreement

Dec 15, 2020

Swiss-based digital twin technology has signed a three-year Enterprise Framework Agreement (EFA) with Shell for the use of its structural digital twin technology.'The EFA will see Akselos become one of the global energy company’s verified suppliers for structural integrity assessments…

Akselos Deploys Structural Digital Twin on Shell's Bonga FPSO

Sep 01, 2020

Swiss-based digital twin specialist Akselos has deployed structural Digital Twin for Shell’s Bonga Main FPSO, located 120km Southwest of the Niger Delta in Nigeria.  The Digital Twin is a physics-based model of the asset, which represents its…

Nigeria Tightens Offshore Rules as 6 OSV Workers Test Positive for Covid-19

Mar 30, 2020

Nigeria's petroleum regulator has ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff rotations as part of measures to curb the spread of the coronavirus, according to a circular seen by Reuters.The restrictions…

Shell's Bonga Oilfield to Undergo Maintenance

Mar 02, 2020

Royal Dutch Shell's Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates are still being finalized, a spokesman said.Shell operates the offshore field via its Nigerian subsidiary SNEPCo…

Nigeria's Oil Output Could Fall 35% Without Reforms

Feb 14, 2020

Cost increases and uncertainty in Nigeria's crucial energy sector could lead to a 35% decline in oil output over 10 years as companies delay investments in key oilfields, consultancy Wood Mackenzie said in new research due to be published on Friday…

Total to Sell Stake in Nigerian Offshore Block

Nov 06, 2019

Total is seeking to sell its 12.5% stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources said, in an effort to adjust the energy company's Africa portfolio amid a broad expansion.The stake in Oil Mining Lease (OML) 118…

Cautious Optimism for an Offshore Recovery

May 01, 2019

Much has been made of an expected recovery for offshore. We share that optimism. We think there will be around 20 final investment decisions (FID) for floating production, storage and offloading units (FPSO), nearly 60 subsea projects and a total of 330 trees going ahead this year…

BW Offshore: FPSOs and a Big New Oilfield

Mar 11, 2019

When BW Offshore agreed at the weekend to pay Brazilian oil company Petrobras $90 million for 70 percent of the Maromba field offshore Brazil, the company was launching in earnest a strategy to buffer itself from lulls in spending on floating production storage and offloading vessels (FPSO)…

Shell: Nigeria Tax Claim May Delay Offshore Field

Feb 26, 2019

Shell upstream boss Brown sees 'no merit' in tax claim. Separately, Shell to fast track Whale development in Gulf of Mexico.Royal Dutch Shell said on Tuesday that Nigeria's claims that it was owed billions in taxes could delay the development…

Shell Invites Bid for FPSO in Bonga

Feb 14, 2019

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the release of invitation to tender (ITT) to contractors for the development of the Bonga South-West Aparo (BSWA) oil field.SNEPCo said in a statement that the project’s initial phase included a new Floating…

Nigeria Plan for Local Firms Stands on Shaky Ground

Feb 14, 2019

Nigeria's Ministry of Petroleum Resources has recently reiterated its intention to push for an increase of the share to the national crude oil production from indigenous oil and gas companies to 30% in the short-term, but it is not definite…

Current News

Malaysia Charges Second Aker Solutions Official with Using False Documents

Malaysia Charges Second Aker Solutions Official with Using False Documents

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Neptune Energy Boosts Output from Gjøa Offshore Platform in Norway

Tanzania Hires U.S. Law Firm as Advisor for LNG Project

Tanzania Hires U.S. Law Firm as Advisor for LNG Project

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Brazil's Enauta May Sell Stake in Atlanta Offshore Field

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