Two International Oil Companies (IOCs) - Nigerian Agip Exploration Limited (NAE) and Shell Nigeria Exploration and Production Company (SNEPCO) - have concluded plans to fabricate and integrate over 50 percent of the topsides of their projects' floating, production, storage and offloading (FPSO) vessels in Nigeria.
This is targeted at expanding and deepening local content in the nation's oil and gas industry.
According to Nigerian Content Development Board (NCDMB), the projects are the Zabazabadeepwater project being executed by NAE in partnership with SNEPCO on Oil Prospecting License (OPL) 245 and the Bonga South West Aparo (BSWA) deepwater project being developed by SNEPCO.
NCDMB disclosed in a statement that indications emerged on Friday that major contractors bidding for Zabazaba submitted competitive costs and concrete plans to fabricate and integrate over 50 percent of the FPSO topsides in-country.
It stated that the technical and commercial evaluations of bids for the Zabazaba main packages have been finalised by the NCDMB and NAE and the submissions met the aspiration of maximizing local content at the most competitive cost.topics from