By Obas Esiedesa, Abuja
As part of the Federal Government’s drive to boost oil production, TotalEnergies EP Nigeria Limited has disclosed that its Ima project, scheduled for launch next year, will add 70,000 barrels per day to Nigeria’s crude oil output.
The Country Chairman and Managing Director of TotalEnergies, Mr. Mathieu Bouyer, disclosed this during a panel session at the ongoing NOG Energy Week in Abuja. He said the project, located in shallow waters, reaffirms the company’s long-term commitment to Nigeria.
Bouyer noted that, when combined with production from the Ubeta project, TotalEnergies will contribute an additional 140,000 b/d to national output.
He emphasized that despite the global push for energy transition, the company—which also operates in Nigeria’s downstream sector—remains committed to supporting growth across the country’s energy value chain.
“We have been investing significantly in the past 15 years in Nigeria with big projects like Egina, Ikike, and also Akpo West that we started up last year. And we have been drilling continuously up to now on our deep offshore in the past two and a half years. So the commitment to the country is undeniable, and we do believe in Nigeria, we do believe in the resources in the country, and we do believe that there is a great future in Nigeria.
“Last year, we launched the Ubeta project. Ubeta is a significant gas field onshore, which will supply gas to Nigeria LNG and to the domestic market. And Ubeta is more or less 70,000 barrels of oil per day, so that’s quite significant. And it was for me a demonstration that when there is a good rule, regulation, order put in place, three months later we had Ubeta being FID”.
He disclosed that “some of the projects we have are like Ima, Ima is another gas-filled project offshore, which we intend to launch in the coming year. It’s another 70,000 barrels per day, so that’s already 140,000 to accumulate those two gas projects of oil equivalent we will be producing in less than four years. So that’s significant”, he added.
Disclaimer
Comments expressed here do not reflect the opinions of Vanguard newspapers or any employee thereof.