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Nigeria’s oil and gas industry on Wednesday recorded another milestone as the $3.3 billion Floating Production Storage Offloading (FPSO) unit for the 200,000 barrels per day capacity Egina Deepwater oilfield arrived the country from South Korea.
The Egina oilfield, which is being developed at the cost of $16 billion, will come on stream at the end of 2018.
The FPSO, which was built for Total Upstream Nigeria Limited, (TUPNI) by Samsung Heavy Industries (SHI), sailed away from the quay side at Samsung Yard in Geoje, South Korea, on October 31, 2017, on its voyage to Nigeria.
The Nigerian National Petroleum Corporation (NNPC), Total Upstream Nigeria Limited, (TUPNI) and other partners in the Egina project – CNOOC, SAPETRO and PETROBRAS, welcomed the FPSO, which berthed at the newly built 500-metre FPSO integration quayside at the Samsung Yard (SHI-MCI Yard), at the LADOL Free Zone in Lagos.