Production

Total targets increased production from its assets in Nigeria

Thursday, 09 June 2016 10:07

Total Upstream Nigeria Limited is aiming for an improved crude oil production with its $10 billion investments in the country’s oil and gas industry.

The company has produced 2.3billion BO in Nigeria in 49 years and it anticipates further crude production from its oil mining leases (OMLs) in the country.

Egina Field located in OML 130 where Total and its partners such as Sapetro, Petrobras, and the Nigerian National Petroleum Corporation (NNPC) are undertaking ultra-deep offshore venture, crude production is expected to reach a plateau of 200,000 barrels of oil equivalent per day (boepd). Akpo field oil mining lease (OML) 130 is where Total began its first deep offshore project in 2009. Its floating production vessel has a storage capacity of two million barrels of stabilized liquid hydrocarbon,” the company said in a report.

The report revealed that gas flaring reduced by 75% in Total’s oil field in OML 58 and 10% in OML 102. The projects in the OML 58 includes the Ogbogu Flow Station (OFS); Field Logistics Base (FLB); Obite Treatment Centre (OTC); Obite, Ubeta, Rumuji (OUR) pipeline and the Northern Option Pipeline (NOPL), the Nation reports.

For the OML 58 development projects, Total is aiming for a 70% local content as “the upgrade projects were essentially designed to boost gas supply for both industrial and domestic use; and increase gas delivery to the Nigeria Liquefied Natural Gas Limited (NLNG) plants at Bonny Island, Rivers State. The Obite-Ubeta Rumuji (OUR) pipeline construction has a Nigerian content target of 78%,” the report added.

Anita Fatunji

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

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