Technip wins FEED contract for Etinde gas field offshore Cameroon

Africa-focused oil and gas explorer Bowleven has awarded a contract to Technip FMC to provide front-end engineering design (FEED) work.

Technip will be the lead FEED contractor for the Etinde gas condensate field, off the coast of Cameroon.

The first phase of the proposed development concept comprises an onshore gas processing, storage and export facility tied to an unmanned wellhead platform with associated gas pipeline infrastructure.

Reservoir engineering and sub-surface development elements of the FEED programme will be carried out by field operator New Age.

The oil and gas exploration firm owns a 37.5% interest in the field. Other partners in the joint venture include LUKOIL (37.5%) and Bowleven (25%).

In a statmement, BowLeven said Technip will work alongside the joint venture team to lead onshore and offshore aspects of the FEED programme.

BowLeven CEO Eli Chahin said: “The award of a lead FEED contractor is a significant milestone for the joint venture partners, as we look to make a final investment decision on Etinde in 2020.

“We are excited about our plans for the initial phase of the proposed development and look forward to working with Technip to finalise our development concept for the field over the coming months.”

Earlier last month, New Age signed a letter of intent (LOI) with Victoria Oil & Gas to supply gas from Etinde.

In March 2015, Bowleven sold a 40% stake to NewAge (African Global Energy) in its Etinde permit, in a deal valued at around $250m.

Source: Offshore Technology