Bonga SW-Aparo, Zabazaba deepwater oil projects set for FIDs in 2018

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Nigeria is the site of two of Africa’s four largest greenfield oil developments on queue for Final Investment Decisions in 2018, while the remaining two are each located in landlocked Uganda and offshore Senegal, according to Africa Oil + Gas Report.

The two Nigerian projects in sight of FID are in deepwater. The Nigerian developments include the Shell operated Bonga South West-Aparo (BSWAP), located in 1,200metres of water in Oil Mining Lease (OML) 118 and the ENI led Zabazaba field, sited in 2,000metre water depth in Oil Prospecting Lease (OPL) 245.

BSWAP’s sanction is however challenged by licence expiry issues while the Zabababa project, which is clearly ahead of BSWAP, is dogged by legal challenges in European courts on account of alleged improper payments in the process of the purchase of OPL 245 from Malabu, the licence holder. BSWAP and Zabazaba will each deliver at least 120,000BOPD at peak.