Oriental Energy Resources to receive FPSO for Okwok field development
Oriental Energy Resources Ltd. will receive the EMEM floating production storage and offloading (FPSO) vessel for development of Nigeria’s Okwok field.
The FPSO sailed away for the field after Drydocks World completed a refurbishment and conversion of the vessel at its Dubai shipyard. The FPSO will support production at Okwok field, which lies in in Petroleum Mining Lease (PML) 15.
Once operational, EMEM FPSO will be able to process up to 70,000 b/d of total liquids, manage roughly 15 MMscfd of gas, and store up to 1 million bbl of crude oil. Designed to operate continuously for up to 15 years without drydocking, the vessel will be integrated with the existing Well Head Platform (WHP) and five production wells at the field. First production is expected in first-quarter 2026.
Okwok oil field spans 37 sq km in Oil Mining Lease (OML) 67 on the continental shelf of the Nigerian delta about 45 km off the coast in 3550 m of water. The field area is categorized into three main blocks (Block 1, Block 2, Block 3) and contains Plio-Pleistocene age sandstones (Lower D sands) at subsea depths of 3,000-4,000 ft.
Oriental Okwok Ltd. operates PML 15 (88%) with partners Afren (12%) and Addax Petroleum (12%).