Fossil Energy – ENEM FPSO
Oriental Energy Resources (OERL) has announced the naming of the EMEM Floating Production Storage and Offloading Vessel (FPSO) at the Dry Docks World Dubai Shipyard in the United Arab Emirates.
The FPSO EMEM will be the crude oil production, storage and export facility for the Okwok field development offshore Nigeria. It will complement OERL’s existing production facilities at the Ebok field.
The EMEM FPSO is due to sail from Dubai to the field in Q1 2025 where it will integrate with the already installed Well Head Platform (WHP) and five production wells. The first oil from the field is anticipated in H1 2025 and will mark OERL’s first fully independently developed and delivered project following its decision to take on direct operating responsibility at its assets.
EMEM is the first FPSO fully funded and converted by a Nigerian indigenous company.
Oriental’s decision to develop a bespoke FPSO that suits the needs of the Okwok field is a major engineering milestone for Nigeria’s indigenous oil and gas sector and a validation of OERL’s decision to take on full responsibility and develop the highly skilled Nigerian technical team for operating its assets.
