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UPDATE 1-Shell's Bonga oilfield in Nigeria to undergo maintenance -spokesman

Published 01/03/2020, 14:11
Updated 01/03/2020, 14:18
UPDATE 1-Shell's Bonga oilfield in Nigeria to undergo maintenance -spokesman
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LONDON, March 1 (Reuters) - Royal Dutch Shell's RDSa.L

Bonga oilfield in Nigeria will undergo maintenance in March and

April, though the impact on production and exact dates are still

being finalised, a spokesman said.

Shell operates the offshore field via its Nigerian

subsidiary SNEPCo. In March, around 153,000 barrels per day

(bpd) of crude were due for export, according to a loading

programme. O/LOAD

"The Bonga FPSO will be undergoing scheduled maintenance and

project activities in addition to regulatory inspections during

March and April. Exact dates and production impacts are

currently under review,” the spokesman said.

So far, no April loading programme has emerged. Traders said

just two cargo loading dates came out for April 1-2 and 11-12,

the first of which is likely a deferral from March.

Bonga, known as Bonga North West, is located in the OML 118

block. Shell announced plans to develop another field called

Bonga South West inside the same area. The $10 billion

development is expected to add 200,000 bpd, roughly 10% of

Nigeria's current oil production.

However, uncertainty over future fiscal terms has delayed a

final investment decision.

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