Where is Bonga field in Nigeria?

Where is Bonga field in Nigeria?

The Bonga field, which began producing oil and gas in 2005, was Nigeria’s first deep-water development in depths of more than 1,000 metres. The Bonga North West development began producing oil in August 2014. The field is located around 120km off the coast of Nigeria in the Gulf of Guinea.

Who owns Famfa?

It is a family business, and not the exclusive property of any single individual. The shareholding as it stands today are Mrs Folorunso Alakija, 50% and Mr Modupe Folarin Alakija, 50%.

Who controls Nigeria’s oil?

The aim of the state-owned corporation is to regulate and to participate in the country’s oil business. Nowadays, Nigeria is Africa’s main oil producer. With 18 operating pipelines and an average daily production of some 1.8 million barrels in 2020, Nigeria is the eleventh largest oil producer worldwide.

Who is the owner of Famfa oil?

Folorunso Alakija

Folorunso Alakija
Occupation Businesswoman
Title Managing director, Rose of Sharon Group Vice chairman, Famfa Oil
Spouse(s) Modupe Alakija ​ ( m. 1976)​
Children 4

Who is the richest Yahoo Girl in Nigeria?

Folorunsho Alakija (born 15 July 1951) is a Nigerian billionaire businesswoman and philanthropist. She is involved in the fashion, oil, real estate and printing industries….

Folorunso Alakija
Born 15 July 1951 Ikorodu, Lagos State, Nigeria Protectorate
Occupation Businesswoman

What is the Agbami Field?

The giant Agbami Field is one of the largest deepwater oil offshore discoveries in Nigeria. The cornerstone of the development is one of the world’s largest floating production, storage and offloading (FPSO) vessels, shown here as it was towed to the site.

How much oil is in the Agbami oilfield?

The total reserves of the Agbami oilfield are estimated at approximately one billion barrels of oil equivalent. Agbami was developed with a subsea production system tied back to an FPSO. The field became operational in July 2008 and reached its peak production rate of 250,000bpd in August 2009.

Where is the Agbami FPSO?

The Agbami oilfield is located 220 miles south-east of Lagos and 70 miles offshore Nigeria. The Agbami FPSO was built by South Korea’s Daewoo Shipbuilding & Marine Engineering. The field was discovered in January 1999.

How much did it cost to build the Agbami FPSO?

The Agbami FPSO cost $1.2bn to construct and features an overall storage capacity of 2.15 million barrels of crude oil. It originally arrived amid secrecy at the field at the end of 2007 and is one of the largest facilities of this type ever built.