Penspen has been awarded a contract by the Office National des Hydrocarbures et des Mines (ONHYM) and the Nigerian National Petroleum Corporation (NNPC) to execute the First Phase of the FEED (FEED Phase I) of approximately 5,700 km gas pipeline proposed to run from Nigeria to Morocco. The award is a follow-up on the feasibility study completed by Penspen in July 2018.
The FEED Phase I consists of a detailed review of the feasibility study results and in-depth evaluation of the gas demand and supply study. Further design of the pipeline system, in addition to the execution of an Environmental and Social Impact Assessment (ESIA), will then be carried out with the aim of optimising the proposed pipeline route and project economics.
Penspen will also support the client in marketing and promoting the pipeline project to potential stakeholders showcasing the wider benefits of its development.
At the end of the study, key detailed outcomes will help the client prepare for the second phase of the FEED (FEED Phase II) which is expected to lead to a Final Investment Decision (FID).
Penspen will be utilising the skills and capabilities of Dar Al-Handasah, Crestech and Control Risk to conduct number of special studies required for the FEED services, environmental impact assessment, Nigeria gas supply study and risk study respectively.
The work has already started and is being executed from Penspen’s Abu Dhabi office.
For more information visit www.penspen.com
8th January 2019