A floating production, storage, and offloading (FPSO) vessel has exploded, caught fire, and sunk at the Ukpokiti Terminal in Nigeria.

The FPSO Trinity Spirit is owned by Shebah Exploration and Production Company Limited (SEPCOL) which in 2004 acquired all of 40 percent of ConocoPhillips’ equity interest in OML 108.

Further, SEPCOL is owned by a combination of Nigerian and overseas corporate entities including Abbeycourt Trading Company, Abbeycourt Petroleum Company, and Allenne Limited.

The FPSO Trinity Spirit was built 46 years ago and can process up to 22,000 barrels of oil per day, inject up to 40,000 barrels of water per day and store 2 million barrels of oil. It serves as the primary production facility for Offshore Mining License (OML) 108 and is also a government-approved terminal for lifting operations for all OML 108 production.