Bloomberg News

Chevron Shuts Output From Apoi Platform After Nigeria Fire

January 16, 2012

(Updates with company’s comment in second paragraph.)

Jan. 16 (Bloomberg) -- Chevron Corp., the world’s fourth- largest energy company, said production from its North Apoi platform offshore Nigeria was shut because of its proximity to the site of a rig fire earlier today.

Several workers were evacuated from the K.S. Endeavor jack- up rig located in the Funiwa field after a fire that didn’t cause any oil spill, Scott Walker, a spokesman for Chevron said in an e-mailed statement from Houston.

“We are still investigating the incident and are working to fully understand what happened,” he said. “This was an exploration well and therefore not connected to any oil production.”

Nigeria is Africa’s largest oil producer and the fifth- biggest source of U.S. imports. Chevron, Royal Dutch Shell Plc, Exxon Mobil Corp., Total SA and Eni SpA run joint ventures with the state-owned Nigerian National Petroleum Corp. that pump about 90 percent of the country’s crude.

Chevron, the third largest producer in Nigeria, averaged daily production of 524,000 barrels of crude, 206 million cubic feet (5.8 million cubic meters) of natural gas and 5,000 barrels of liquefied petroleum gas in 2010 as security improved in the oil-rich Niger River delta, the company said on its website.

The company holds interests in 10 deepwater oil blocks in Nigeria, including its 250,000 barrel-a-day Agbami field located 70 miles (113 kilometers) off the country’s coast.

--Editors: Raj Rajendran, John Buckley.

To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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