Nigeria is set to welcome its first locally-owned offshore storage unit with a one million-barrel capacity, a milestone expected to strengthen the country’s offshore oil production and storage capabilities.Nigeria is set to launch its first locally-owned offshore storage unit with a capacity of one million barrelsThe EMEM FPSO was converted into an operable floating production, storage, and offloading unit in DubaiWith this development, Drydocks World highlights its role in Africa’s energy sector improvementsThis vessel is capable of processing up to 70,000 barrels of liquids per day and handling 15 million cubic feet of gas
Nigeria is set to welcome its first locally-owned offshore storage unit with a one-million-barrel capacity from Drydocks World Dubai, part of DP World, a milestone expected to strengthen Nigeria’s offshore oil production and storage capabilities.Converted into a fully operational floating production, storage, and offloading unit, the vessel represents a significant step in Nigeria’s efforts to modernise its offshore energy infrastructure, boost export potential, and reinforce the nation’s drive toward energy self-reliance.
The EMEM FPSO, converted at Drydocks World Dubai (DDWD) for Oriental Energy Resources Limited (OERL), is slated for deployment at the Okwok Field (PML 15), operated by Oriental Limited offshore Nigeria.
The vessel, a converted floating production, storage, and offloading unit, is capable of processing up to 70,000 barrels of total liquids per day, handling roughly 15 million standard cubic feet of gas daily, and storing up to one million barrels of crude oil.Captain Rado Antolovic, CEO of Drydocks World, said the conversion was commissioned by World Carrier Corporation (WCC) on behalf of OERL. “This vessel reflects our commitment to supporting Africa’s offshore energy infrastructure and advancing Nigeria’s production capabilities,” he said.The FPSO’s delivery follows a comprehensive refurbishment and conversion at DDWD’s Dubai facility, including structural upgrades, full marine system modernization, and the integration of 19 topside production and utility modules.The EMEM FPSO is scheduled to begin production at the Okwok oil field in Q1 2026.
Officially named in December 2024 during a ceremony attended by Nigeria’s Vice President Kashim Shettima, the project highlights the Nigerian government’s focus on enhancing energy self-reliance and boosting oil export potential.Revamping Nigeria’s and Africa’s oil sectorNigeria, alongside several African oil-producing nations, is increasingly turning to FPSOs and other offshore processing solutions to revitalize aging infrastructure, expand production, and increase export revenues.Years of underinvestment, declining fields, and pipeline challenges have constrained output, prompting both government and private actors to invest in modular and floating production technologies.FPSOs, which eliminate the need for permanent fixed platforms, allow operators to develop deepwater fields
The EMEM project involved converting Nordic Mistral, a double-hulled crude tanker with 1 million barrels’ storage capacity, into a fully integrated FPSO with a 15-year operational lifespan.The EMEM FPSO is equipped with a processing capacity of 40,000 barrels of oil per day (BOPD) and 70,000 barrels of liquids per day (BLPD). Systems include produced water treatment (60,000 BWPD), water injection (60,000 BWPD), gas processing (15 MMSCFD), gas lift (7.5 MMSCFD), and gas injection (3.5 MMSCFD).The vessel accommodates up to 100 personnel and employs a 12-point spread mooring system.During an inspection tour earlier this month, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, said the FPSO’s planned deployment aligned with the Project One Million Barrels initiative, which seeks to increase Nigeria’s oil production by one million barrels.“This FPSO is coming to Nigeria at a time we are seeking to increase production. It will help in achieving our Project One Million Barrels. From what I have seen, I am very impressed, and as the regulator, we will continue to give support to Oriental Energy,” he said.
With a track record of over 30 FPSO deliveries worldwide, Drydocks World says the completion of the EMEM FPSO reinforces its role in Africa’s energy resurgence, while supporting Nigeria’s goal of long-term oil sector sustainability
