Shell announces FID on Bonga North in Nigeria

LAGOS, December 16, 2024 – Shell Nigeria Exploration and Production Company has reached an FID on the Bonga North deepwater project in Nigeria, the company announced on Monday.

Shell’s FID is for a subsea tie-back on the Bonga FPSO, which Shell operates with a 55% interest. The Bonga North project includes the drilling of eight production and eight water injection wells, modifications to the existing FPSO and the subsea tie-back. The project aims to maintain production at Bonga North.

Bonga is a deepwater development in Oil Mining Licence 118. First oil for the project is expected by the end of the decade, with an estimated peak production of 110,000 bopd.

Zoë Yujnovich, Shell’s integrated gas and upstream director, said, “This is another significant investment, which will help us to maintain stable liquids production from our advantaged upstream portfolio.”

The Bonga North FID demonstrates Shell’s continued commitment to Nigeria’s offshore production and the company’s ability to set new performance benchmarks.

Photo courtesy of Shell.

Read our latest insights on: