SHELL is within days of deciding which contractor groups will advance to the next stage of a beauty contest to supply a floating production storage and offloading vessel for its rejuvenated, $10 billion Bonga South West-Aparo (BSWA) project offshore Nigeria. The Anglo-Dutch giant received a huge boost late last month when a new production sharing contract was agreed for OML 118, the licence in which most of BSWA's resources are located, allowing bid processes for the project's FPSO to be rekindled after almost two years in limbo. Upstream was told by two sources that a final investment decision on this long-delayed development could possibly be taken in the third quarter of this year if everything goes according to plan, albeit the consensus is that this timing is unlikely. However, if the project is sanctioned this year, first oil could flow in the first half of 2025.
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