Eni: gas and condensate production starts at Obiafu 41 in Nigeria

Eni: gas and condensate production starts at Obiafu 41 in Nigeria

(PRESS RELEASE) MILAN, 23-Oct-2019 — /EuropaWire/ — Eni has announced it begun production of gas and condensate from the Obiafu 41 discovery in the Niger Delta. According to the company the gas from this discovery will mainly be delivered to the domestic market in order to feed the power sector. The productions starts just 3 weeks after well completion. The Obiafu 41 discovery contains some 28 billion cubic meters of gas and 60 million barrels of condensate.

Eni’s new integrated model, under which the various disciplines work in parallel from the exploration phase, and all synergies with existing production facilities are properly leveraged was relied upon to achieve record time-to-market and sustainability. Eni expects the production at Obiafu 41 to reach a capacity of about 3 million cubic meters of gas and 3,000 barrels of condensate per day.

Eni-operated Ob-Ob plant will be processing the gas from the Obiafu 41 discovery and then sent to the Okpai Power Plant, which is also operated by Eni. In fact, Okpai Power Plant is one of the most efficient power plants in Nigeria and the country’s first independent one. Okpai’s installed capacity is 500 MW and an upgrade is underway which will double the capacity to 1 GW. It is expected that Eni will generate 20% of the entire national electricity production once the upgrade is completed. Currently some 30% of Eni’s gas production in Nigeria is supplied to the domestic market. This signifies Eni’s commitment to the environmental and economic impact of its business on local communities. Furthermore, the company is having a number of ongoing projects aimed at reducing gas flaring. The sale of gas, that would have previously been flared, to local companies is a contribution to the development of the domestic gas market as well as a boost to the local economy as a whole. Eni aims at zeroing flared gas from all its operations by 2025.

As of today, Eni supplies power from its facilities to 85 local communities across Nigeria with approximately 500,000 people, in addition to Okpai power plant. Eni has begun operations in the country back in 1962, with projects focusing on access to energy, social and agricultural development, education and training, healthcare, environmental protection and culture and since then Nigeria’s needs have always been at the core of its strategy. Over the past decade alone more than 1,000 sustainability projects have been completed, and over 400 km of roads and 150 schools and hospitals have been built, greatly contributing  to improving the quality of life of the communities in which Eni operates. One of Eni’s most impactful projects in the country is the Green River Project (GRP), which is an integrated program of agricultural entrepreneurial development, created to promote a path of autonomous development in the Niger delta. The Green River Project (GRP), now in its 32nd year, has benefited over 120 communities reaching over 500,000 people across the states of Bayelsa, Delta, Rivers and Imo in Nigeria.

Since 1962, when Eni has set a foot in the country for first time, the company has been active with operated and non-operated exploration, development and production on 30,049 square kilometers in the onshore and offshore areas of the Niger Delta. As of 2018, Eni’s equity hydrocarbon production amounted to 100,000 boe/day.

Media contacts:

Milan
Telephone: +39 02 52031875

Rome
Telephone: +39 06 59822030
fax: +39 06 59 821
Email: ufficio.stampa@eni.com

SOURCE: Eni