Predict your next investment

FIRST Exploration & Petroleum Development company logo
ENERGY & UTILITIES | Oil & Gas Production & Exploration
first-epdc.com

See what CB Insights has to offer

About FIRST Exploration & Petroleum Development

FIRST Exploration & Petroleum Development (FIRST E&P) is a Nigerian oil and gas company that focuses on developing and operating a portfolio of upstream oil and gas assets. It is based in Lagos, Nigeria.

FIRST Exploration & Petroleum Development Headquarter Location

Adebola House, 228A Awolowo Road

Lagos,

Nigeria

Latest FIRST Exploration & Petroleum Development News

Yinson’S FPSO Abigail-Joseph achieves first oil

Oct 30, 2020

30 Oct 2020 / 10:52 H. PETALING JAYA: Yinson Holdings Bhd’s latest floating production, storage and offloading (FPSO) vessel FPSO Abigail-Joseph has received its first oil certificate on Wednesday following a successful 72-hour stabilisation testing. This marks the commencement of the firm charter of the FPSO for a period of seven years, with options to extend for a further eight years. The Yinson team achieved the delivery of first oil for production within 20 months after signing the contract with its client, First Exploration & Petroleum Development Company Limited (First E&P), as the operator of the Nigerian National Petroleum Corporation (NNPC)/ First E&P OMLs 83 & 85 Joint Venture (the NNPC/First E&P JV). The asset is operating in the Anyala and Madu fields within OMLs 83 & 85. FPSO Abigail-Joseph is Nigeria’s first integrated oil and gas greenfield project that has been wholly executed by an indigenous oil company, and is the group’s fourth offshore production asset to operate in Nigerian waters. Yinson CEO of offshore production Flemming Grønnegaard said the achievement was made possible through the teamwork between the Yinson team, client and subcontractors. “This is a special project for us as it marks our continuous business presence in Nigeria, allowing us to continue impacting Nigeria’s development positively through our contribution to its energy landscape and local economy,” he said in a statement today, further highlighting that Yinson has been operating in Nigeria for the past 25 years. He added that the team achieved zero lost time injuries throughout the 2.1 million man hours clocked during the conversion and commissioning of the FPSO. Did you like this article?

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

FIRST Exploration & Petroleum Development Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

FIRST Exploration & Petroleum Development Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.