Emmanuel Ekon, the Chairman, House of Representatives Committee on Local Content has described the Egina Floating Production Storage and Offloading (FPSO) of Total Upstream Nig. Ltd. as a pride for Nigeria.
The committee Chairman, made commendation during a tour of the project site by the committee weekend.
He said: “What I am seeing means that local content is working adding that Egina Project was the first project after the Local Content Law was signed”.
Acoording to Ekon, he has heard a lot about the local content application on Egina FPSO project and so, it was necessary for him to lead the members of the Committee on Local Content to come and see the FPSO.
Ekon said their presence has answered a lot of questions, reiterating that he was happy local content is working even though there is a lot more that the legislators can do.
“I am satisfied; integration is done here, this is a plus for us. International oil companies should emulate what Total has done here; Total has kept faith with the Nigerian project. Don’t sit down and think it cannot be possible,” Ekon said.
Also commenting, Frederick Agbedi, chairman, House of Representatives Committee on Gas Resources, also hailed Total for the feat.
“With new technologies coming in, we are convinced that you will have access to more production as well as more money for joint ventures,” he said.
Earlier, Nicolas Terraz, the managing director, Total Exploration and Production, Nigeria, said that the project was a milestone in terms of local content.
Nicolas added that the project was a game changer for the execution of deep water oil and gas projects in Nigeria.
“Total Upstream Nigeria Ltd. is proud of this achievement. Today, we want to share this pride with you and express our thanks for your support. The plan is now to complete these integration work within a period of six months, and our target is to achieve the sail away of FPSO to its final location in Egina Field by July.
“Let me assure you that Total is working relentlessly to deliver this project within the initial budget of $16 billion and even below that,” Terraz said.
Olusola Bello
