Chinese firm wins contract to drill offshore block in Nigeria
December 21, 20171.5K views0 comments
An offshore engineering unit of oil major Sinopec Group has won a two-year contract to drill an offshore block in Nigeria, the state firm said on Thursday.
Shengli Petroleum Engineering will deploy its ‘Shengli-4’ rig to drill the block, located in shallow water off Nigeria’s Rivers State. The block has a designed daily output of 35,000 barrels of oil
The Chinese rig, which previously drilled for oil for Shell Nigeria, is slated to be moved to the new project in early 2018, Sinopec said
The contract is worth $50 million, according to a Chinese local media report last week.
Read Also:
- Farmers sound red alert on Nigeria’s food crisis
- Nigeria gets $1.57bn from World Bank for health, dam safety, irrigation
- Nigeria’s 64th independence amid shackles of food insecurity
- MUNICH, F.C.I. in as major review of Nigeria’s airport structure begins
- Nigeria reaps $1.8bn economic value from Google’s digital products in 2023