For decades, foreign companies handled Nigeria’s crude exports.
This week, Nigeria changed that by launching Cawthorne, the nation’s first wholly owned floating oil terminal in 50 years.
Nigeria First Floating Oil Terminal Launched
Developed by NNPC, Sahara Group, Eroton E&P, and Bilton Energy Ltd, the 2.2-million-barrel vessel ushers in a new era for the country’s energy sector.
Solving Long-Standing Challenges
Furthermore, off the coast of Bonny, Cawthorne rises like a steel giant, ready to store and offload crude directly to export tankers.
Over the years, bottlenecks, delays, and silted berths slowed Nigeria’s exports; now, the vessel provides a reliable, safe, and efficient solution.
Innovation Meets Reliability
Moreover, Udobong Ntia of NNPC hailed the vessel as “a bold step that ensures smooth operations and supports President Tinubu’s vision for upstream production.”
Read Also: Dangote Clarifies Feedstock Amid Petrol Import Claims
Likewise, NNPC’s chief upstream investment officer, Seyi Omotola, described it as “a beacon of hope, showing Nigeria can compete globally.”
Head of commercial and planning at Asharami Energy, Tosin Etomi, added, “Cawthorne guarantees continuity, reliability, and value for our partners and the nation.”
However, equipped with advanced digital systems, artificial intelligence, and state-of-the-art mooring, the vessel reduces carbon exposure while strengthening operational flexibility.
Finally, engineers converted a very large crude carrier into this state-of-the-art FSO.
It meets international maritime standards, accommodates 50 personnel, and offers room for future production growth.
Ultimately, with Cawthorne, Nigeria secures a safer, sustainable, and independent path for crude exports.
