Shell forecloses maintenance shutdown for oil assets until mid-April

Shell yesterday foreclosed a shutdown of any of its assets for maintenance until after the 225, 000 barrels capacity per day Bonga Floating Production Storage and Offload (FPSO) is re-opened in first half of April.

A cumulative production capacity of 6.75 million barrels would be shut-in in the one month period that the facility would be shut down and Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, who gave the hint of “no shut down of any of its assets for maintenance” during a conference call with journalists in Lagos, maintained that his company had also secured the nod of Nigerian National Petroleum Corporation (NNPC) and other partners in its Joint Ventures (JV) acreages for this decision.

Puncturing the notion that the company is losing due to shutdown of Bonga ship for maintenance, Ojulari said that Nigerian companies are playing key roles in the Turnaround Maintenance (TAM) at Bonga, as Shell Nigeria Exploration and Production Company (SNEPCo) executes statutory activities that would ensure continuous optimum operations at the deepwater field.

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