Pre-1986

Independent Investigation

Dr. Olaniyi Olumide started an independent investigation of the petroleum deposits in the western fringe of the Niger Delta with the support of some organisations within and outside Nigeria.

1986

Sunlink Incorporation

The company was incorporated on 26 March 1986, primarily to carry on the business of oil and gas exploration and production, sales and marketing.

1993 - 2004

FGN Awards

The Federal Government of Nigeria (FGN) awarded both OPL 238 and OPL 311 to Sunlink Energies and Resources Limited on 29 September 2004.

2005

Joint Venture with Shell

Sunlink Energies assigned 40% participating interest in OPL 238 to Shell Nigeria Exploration and Production Company Limited (SNEPCo) and both parties signed the Joint Operating Agreement (JOA) for the joint development of the block in September 2005.

2006 - 2012

Feasibility Studies

Appraisal wells drilled, feasibility studies concluded, engagement with potential offtakers.

2013 - 2017

Conversion and Monetisation

Conversion of OPL 238 to OML 144. Evaluated/explored several monetisation options.

2018

Approvals and Monetisation

Obtained regulatory approvals. Selected NLNG T7 as monetisation option.

2019

Commenced Pre-FEED and Scope Development

Commenced Pre-FEED activities. Initiated tendering process for FEED scope.

2020

Commenced FEED

Commenced HI competitive Front End Engineering Design (FEED) with two consortia. Completed dual FEED EPCIC Tender evaluation.

2022 - 2025

FID Enablers

Matured all enablers for Final Investment Decision (FID).

2025

GSA and FID

Signed 20-year Gas Sales and Purchase Agreement (GSA) with Nigeria Liquefied Natural Gas Limited (NLNG). Together with JV partner, took Final Investment Decision on the project.

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