Project Profile

Value: $100 Million
Location: Offshore Nigeria, OPL 245
Water depth: 1,500 - 2,000 m
Reserves: 385 million barrels
Discovery year: August 2006
Start-up year: 2020


The ZabaZaba Oil Field - OPL 245 exploration block is a significant discovery with more than 100mn bbl of oil. Eni is expected to focus on Etan/Zabazaba field, and is estimated to spend around US$3 billion offshore Nigeria towards 2019.

The field development will use an FPSO described as a “new converted” unit that, in addition to oil, will handle 200 million cubic feet per day of gas, 240,000 bpd of injected water and will have a storage capacity of 1.7 million barrels. In addition to hosting production from ZabaZaba, the FPSO will also have to handle output from subsea wells at Etan, 35 km east of ZabaZaba on the other side of a subsea canyon.


Operators:

Shell: Operator with 50% interest

Eni: 50% interest