Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Naira Gains N3.78 in Sept., Foreign Reserves Rise $1.11bn

    October 1, 2026

    XRP Price Climbs on Citigroup Bullish Target Price Upgrade

    October 1, 2026

    London Listing: Airtel Money Sets £1.96 Per Share for IPO

    October 1, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Naira Gains N3.78 in Sept., Foreign Reserves Rise $1.11bn
    • XRP Price Climbs on Citigroup Bullish Target Price Upgrade
    • London Listing: Airtel Money Sets £1.96 Per Share for IPO
    • Bitcoin Rises as Citigroup Hikes BTC Target Price by 38%
    • Tax Reforms Target Prosperity, not Poverty – NRS Boss
    • SK Hynix Tokenised bStocks Rises on Solidigm Listing Clarification
    • UK Manufacturing Output Eases in Sept., Weakest in 6-Month
    • Alphabet Tokenised bStocks Rises on Positive AI Catalyst
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, October 2
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Bonga FPSO Maintainance to Impact Nigeria’s Oil Production

    Bonga FPSO Maintainance to Impact Nigeria’s Oil Production

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiFebruary 1, 2026 Economy No Comments2 Mins Read
    Bonga FPSO Maintainance to Impact Nigeria's Oil Production
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Bonga FPSO Maintainance to Impact Nigeria’s Oil Production

    Nigeria’s oil exports will fall by 225,000 barrels per day in February following the shutdown of the Bonga FPSO for scheduled turnaround maintenance.

    Gas output will also decline by 150 million standard cubic feet per day during the maintenance period. Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) confirmed the development in a statement issued on Sunday.

    Its Communications Manager, Mrs Gladys Afam-Anadu, said SNEPCo had begun turnaround maintenance on the Bonga FPSO.

    She described the exercise as a statutory integrity assurance programme designed to extend the facility’s operational lifespan.

    SNEPCo Managing Director, Ronald Adams, said the maintenance would ensure safe, efficient operations for another 15 years.

    “The scheduled maintenance is designed to reduce unplanned deferments and strengthen the asset’s overall resilience. “We expect to resume operations in March following completion of the turnaround,” he said.

    Adams said the scope included inspections, certification, regulatory checks, integrity upgrades, engineering modifications and subsea assurance activities.

    “The FPSO, about 120 kilometres offshore in over 1,000 metres of water, can produce 225,000 barrels of oil daily. “It also produces 150 million standard cubic feet of gas per day,” Adams said.

    He said maintaining the facility was critical to Nigeria’s production stability, energy security and revenue objectives.

    Adams noted that the 2024 Final Investment Decision on Bonga North increased the importance of the FPSO’s reliability.

    He said the turnaround would prepare the facility for additional volumes from the Bonga North subsea tie-back project. According to him, the last turnaround maintenance was conducted in October 2022.

    “On Feb. 1, 2023, the asset produced its one billionth barrel since operations began in 2005,” Adams said. SNEPCo operates the Bonga field with Esso and Nigerian Agip under a production sharing contract with NNPC Ltd. #Bonga FPSO Maintainance to Impact Nigeria’s Oil Production#

    Dangote, NNPC Seal Gas Supply Agreements

    Bonga FPSO Oil Production
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    Naira Gains N3.78 in Sept., Foreign Reserves Rise $1.11bn

    XRP Price Climbs on Citigroup Bullish Target Price Upgrade

    London Listing: Airtel Money Sets £1.96 Per Share for IPO

    Bitcoin Rises as Citigroup Hikes BTC Target Price by 38%

    Tax Reforms Target Prosperity, not Poverty – NRS Boss

    SK Hynix Tokenised bStocks Rises on Solidigm Listing Clarification

    Add A Comment

    Comments are closed.

    Editors Picks

    Naira Gains N3.78 in Sept., Foreign Reserves Rise $1.11bn

    October 1, 2026

    XRP Price Climbs on Citigroup Bullish Target Price Upgrade

    October 1, 2026

    London Listing: Airtel Money Sets £1.96 Per Share for IPO

    October 1, 2026

    Bitcoin Rises as Citigroup Hikes BTC Target Price by 38%

    October 1, 2026

    Tax Reforms Target Prosperity, not Poverty – NRS Boss

    October 1, 2026
    Latest Posts

    Naira Gains N3.78 in Sept., Foreign Reserves Rise $1.11bn

    October 1, 2026

    XRP Price Climbs on Citigroup Bullish Target Price Upgrade

    October 1, 2026

    London Listing: Airtel Money Sets £1.96 Per Share for IPO

    October 1, 2026

    Bitcoin Rises as Citigroup Hikes BTC Target Price by 38%

    October 1, 2026

    Tax Reforms Target Prosperity, not Poverty – NRS Boss

    October 1, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.