Sinopec’s offshore engineering unit wins Nigeria contract

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An offshore engineering unit of oil major Sinopec Group has won a two-year contract to drill an offshore block in Nigeria, the state firm said on Thursday

* Shengli Petroleum Engineering will deploy its ‘Shengli-4’ rig to drill the block, located in shallow water off Nigeria’s Rivers State. The block has a designed daily output of 35,000 barrels of oil

* The Chinese rig, which previously drilled for oil for Shell in Nigeria, is slated to be moved to the new project in early 2018, Sinopec said

* The contract is worth $50 million, according to a Chinese local media report last week

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