BW Offshore has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until end Q4 2021, with options until Q2 2023.<\/p>\n
Abo FPSO has been operating in the Abo field since 2003 and has an oil production capacity of\u00a0 44,000 bbl\/d, water injection capacity of 33,000 bbl\/d, gas compression capacity of 48.4 mmscfd and storage capacity of 930,000 bbl.<\/p>\n
Abo field is part of the OML 125 located approximately 40 km offshore from the Nigerian coast on the western edge of the Niger Delta, at a water depth of 550 m to 1,100 m. The License covers an area of 1,983 km\u00b2 (490,010 acres).<\/p>\n
Production began from the Abo field in 2003 and the field currently has four producing wells, water injection wells and two gas injection wells.<\/p>\n
(15% WI; NAE, operator, 85% WI) is<\/p>\n","protected":false},"excerpt":{"rendered":"