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TOTAL looks to FID on Preowei structure off Nigeria in 2019

TOTAL is working up the Preowei structure in the vicinity of the Egina Field, which is about fully coming on stream sometime this week. The Preowei accumulation, located north eastwards, was discovered in 2005.

“A great upside potential nearby (Egina) still needs to be developed and we are studying in particular Preowei discovery tie-back to the Egina FPSO,” TOTAL officials say. “An investment decision is scheduled for 2019”, they add.

Preowei is expected to produce around 70,000BOEPD at peak. The field will be developed as a tie back to the Egina FPSO, the largest deepwater floater that TOTAL ever deployed.