The International Energy Agency sees new US tariffs dragging on global oil demand in 2025, it said March 13, warning that macroeconomic pressure could outweigh the stimulus effects of softer oil prices. In its latest monthly oil market report, the global energy watchdog projected world oil supply to outstrip demand by 600,000 b/d in 2025, […]
Dangote refinery is a game changer for West African, Atlantic Basin product balances The Dangote refinery is one of the most important downstream projects of the last decade globally. It is one of the largest ever built and stands out against the trend of refinery closures on the African continent. The startup of […]
Happy International Women’s Day to all the incredible women at Elcrest! Today, we take a moment to celebrate the strength, resilience, and beauty of each one of you. It was truly an emotional experience recognizing the amazing contributions you make every day at Elcrest E&P. Your dedication and passion inspire us all, and we are […]
Opuama Firefighting Systems
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The Opuama Flowstation is equipped with a helipad that is currently not functional. To ensure that this helipad is available, especially for prompt medical evacuation, if necessary, specific safety upgrades were implemented to meet regulatory requirements by the Nigerian Civil Aviation Authority (NCAA). To this end, the OML-40 JV recently designed and constructed a robust […]
Gbetiokun to Adagbassa Pipeline
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The current crude evacuation of the Gbetiokun field, another producing field in OML-40, is via an expensive barging operation between the field and its discharge point, located at the Benin River Valve Station (BRVS). This injection point is a tie-in to the 16” x 36km Opuama – Otumara Export Pipeline, which evacuates OML-40 production from […]
Opuama Flowstation Upgrades
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The Opuama FS Upgrades Project was conceived with the objectives to achieve the following objectives namely – increase the volumetric capacity of the Flowstation nameplate capacity of 30,000 bpd to 45,000 bopd and 15,000 bwpd processing capacity, convert from the existing 2-phase to a 3-phase separation system such that the produced water is processed to […]
Opuama Electrification Project
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The Opuama rural electrification project has the primary objective of providing an environmentally sustainable power source to the Opuama Flowstation (FS). Specifically, this project requires the installation of 2 x 1MW gas-fired generators that will not only provide power to the FS, but also to our host communities, Opuama and Tsekelewu towns, which serves as […]
