ExxonMobil Begins $1 Billion Usan Infill Project in Nigeria with Arrival of Deepwater Drillship
Translated from English, summarized and contextualized by DistantNews.
At a glance
- ExxonMobil's affiliate in Nigeria has begun the Usan Infill Project with the arrival of an ultra-deepwater drillship.
- The $1 billion project aims to add up to 40,000 barrels per day of oil output within 18 months.
- This investment signals confidence in Nigeria's deepwater energy sector and commitment to energy security.
ExxonMobil's Nigerian affiliate, Esso Exploration and Production Nigeria (Offshore East) Limited, has marked a significant step in its deepwater operations with the arrival of the Noble Gerry de Souza drillship. This marks the commencement of the Usan Infill Project, a $1 billion endeavor aimed at boosting oil production from the Usan field, located in Oil Mining Lease (OML) 138. The project is anticipated to deliver an additional 40,000 barrels per day of oil within 18 months, a development that could bolster Nigeria's energy security and economic growth. Jagir Baxi, Chairman and Managing Director of ExxonMobil affiliates in Nigeria, highlighted the project as an "exciting new chapter" for the Usan Field, emphasizing the company's focus on "short cycle deepwater production growth through disciplined investment." The arrival of the advanced drillship is expected to facilitate safe and efficient drilling operations, maximizing recovery from existing infrastructure and enhancing the long-term performance of the Usan asset. This milestone represents years of planning and collaboration, underscoring Esso's confidence in Nigeria's evolving investment climate and its commitment to the nation's energy future.
The arrival of the Noble Gerry de Souza marks the beginning of an exciting new chapter for the Usan Field and reflects our continued focus on delivering short cycle deepwater production growth through disciplined investment, in deploying technologies and through operational excellence.
Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.