*Asset inches towards FID, to become Nigeria’s largest deepwater devt
*To unlock 175000bpd of oil, 140mmscfd of gas
Peter Uzoho
The Nigerian National Petroleum Company Limited (NNPCL) and its Contractor Parties — Shell Nigeria Exploration and Production Company Limited (SNEPCo), Esso Exploration and Production Nigeria (Deepwater) Limited, and Nigerian Agip Exploration Limited (NAE) on Monday executed the Addendum to the Oil Mining Lease (OML 118) Production Sharing Contract (PSC) and the Addendum to the Dispute Settlement Agreement (DSA).
The development marked a major milestone in the advancement of the deepwater Bonga Southwest/Aparo project (BWSAp) towards Final Investment Decision (FID).
