In West Africa, Willbros units have been awarded a new assignment for installation of pipeline and plant facilities on Bonny Island for Total subsidiary Elf Petroleum Nigeria Limited
. The project is expected to be completed in the second quarter of 2006.
Shell Petroleum Development Company, Nigerian Agip Oil Company and Elf Petroleum Nigeria Limited
will all supply gas to the new train, helping to achieve the government's target of banning flaring by 2008.
The NNPC holds an average 57% equity in six joint ventures with Shell, Mobil Producing Nigeria Unlimited, Chevron Nigeria Limited, Nigeria Agip Oil Company, Elf Petroleum Nigeria Limited
, and Texaco Overseas Petroleum.
However, industry insiders point out that earlier exploration--between 1991 and 2001-by NNPC, Shell Exploration and Production Company Limited (SNEPCO), Elf Petroleum Nigeria Limited
and Chevron Nigeria Limited in the northern Nigeria basins of Chad, Benue and the Gongola trough, ended unsuccessfully.
Co-Ventures with SNEPC (55 percent) are Esso Exploration and Production Nigeria (Deepwater) Limited (20 percent), Elf Petroleum Nigeria Limited
(12.5 percent) and Nigerian Agip Exploration Limited (12.5 percent).
For instance, Chevron Nigeria Limited and Texaco Overseas Petroleum Company (Nigeria) Unlimited (TOPCON) now operate as Chevron-Texaco as an entity, while Elf Petroleum Nigeria Limited
and Total Upstream Petroleum Nigeria operate under TotafinaElf.