Saipem leading Bonga North subsea construction offshore Nigeria

Shell Nigeria Exploration and Production Co. (SNEPCo) has awarded Saipem a subsea EPCI contract for the deepwater Bonga North development.

Bonga North, 130 km offshore, will be tied back to the Bonga field FPSO. Estimated value of the contract is about $1 billion.

Saipem’s share as leader of a consortium with KOA Oil & Gas and AVEON Offshore is close to $900 million. The company will manage construction and installation of the risers, flowlines, subsea umbilicals and associated subsea structures for tying the wells back to the FPSO.

Design and fabrication will take place locally, some involving Nigerian suppliers and subcontractors.

Earlier this week, SNEPCo and its partners took FID on the deepwater Bonga North development offshore Nigeria. The following day TechnipFMC secured a contract with SNEPCo to supply Subsea 2.0 production systems for the Bonga North development offshore Nigeria.