Nigerian Government Targets 100,000 Crude Oil Barrels At New Facility In Bayelsa
The development was communicated by the minister of state for petroleum resources, Senator Heineken Lokpobiri, a acording to a release by Nneamaka Okafor, his aide on Media and Communication.
The Nigerian government has announced plans to reach 100,000 crude oil barrels at a new facility, Abigail Joseph Floating Production Storage and Offloading (FPSO) facility in Bayelsa State.
The facility is operated by the NNPCL-First E&P Joint Venture on OML 83/85.
The development was communicated by the minister of state for petroleum resources, Senator Heineken Lokpobiri, according to a release by Nneamaka Okafor, his aide on Media and Communication.
Kokpobiri applauded the facility’s progress and its ambitious production goals during an inspection of the offshore in Bayelsa State.
“Currently producing 60,000 barrels per day (bpd), the FPSO is on track to achieve 70,000 bpd in the near term, with plans to scale up to 100,000 bpd.”
Senator Lokpobiri was quoted as emphasising the strategic importance of the facility, stating that the ongoing work reflected “our collective efforts to increase Nigeria’s crude production.”
“It is impressive to see such commitment from NNPCL and First E&P, especially as First E&P pursues a 23-well drilling campaign to sustain and enhance output. This is a vital step toward achieving our national production targets,” the statement read.
The Managing Director and CEO of FIRST E&P Limited, Ademola Adeyemi-Bero revealed that the company planned to achieve 100,000 barrels per day in a record time.
“We are fully committed to meeting and surpassing our current production goals. With the support of our partners and ongoing de-bottlenecking initiatives, we are confident of achieving 70,000bpd and eventually 100,000 bpd in record time.”
“This project underscores the capability of indigenous companies to deliver on ambitious targets,” he noted.
It was further stated that while commenting, Mr. Bala Wunti, Chief Upstream Investment Officer (CUIO) of the NNPC Upstream Investment Management Services (NUIMS), noted that the development is a dedication of the NNPCL’s determination to deliver results.
“The milestones achieved here at Abigail Joseph FPSO are a testament to NNPCL’s determination to deliver results through strategic partnerships and innovative approaches.”
“With the stir of the GCEO, we are committed to meeting the Minister’s directive to ramp up production in no distant time,” Wunti said.
