Bowleven awards lead FEED contract for Etinde, offshore Cameroon
Bowleven PLC and partners have let a front-end engineering design contract to TechnipFMC plc for the proposed development of Isongo Marine (IM) gas condensate field in the Etinde license area offshore Cameroon.
Under the terms of the contract, Technip would work alongside and report to the integrated JV partner operations team to lead the onshore and offshore elements of the FEED program in respect of the proposed development. The reservoir engineering and sub-surface development aspects of the wider FEED process will be undertaken by the operator, New Age (African Global Energy) Ltd.
The initial phase of the proposed development comprises an onshore gas processing, storage, and export facility linked to an unmanned well head platform with associated pipeline infrastructure.
The Etinde permit (former Block 7) lies in shallow water in the Rio del Rey basin and comprises four proven reservoir intervals within the Pliocene and Miocene formations.
The IM primary development area includes three major pay intervals containing gas condensate with a high liquid yield. A 2019 Degoyler & McNaughton report identified 2C (P50) contingent resources of 183 MMboe including 65 MMbbl of condensate and 12 MMbbl of LPGs. According to Bowleven, the structure is relatively simple with Upper Isongo and Mid Isongo mapped as 4-way closures while Intra Isongo is fault trapped.
A final investment decision on Etinde is expected this year with with first production expected in 2022.
Operator NewAge holds 37.5% in Etinde. Lukoil holds 37.5% and Bowleven holds 25%.