Total to operate 23% of Nigeria’s crude oil production

Mon, Feb 4, 2019 | By publisher


Oil & Gas

WITH the addition of 200,000 barrels per day from Egina to Nigeria’s crude oil production, Total E&P Nigeria will by operating about 23 percent of the nation’s production. Nicolas Terraz, the country chairman, Total E&P Nigeria, said the company is proud to be significant contributors in securing Nigeria’s oil and gas future.

Speaking at the 2019 Nigeria International Petroleum Summit, NIPS, in Abuja, Terraz said Egina has set unprecedented records of local content and capacity building in Nigeria. He said Egina stands as a great testament to Total’s commitment to Nigeria.

Terraz, who was represented at the summit by Ahmadu-Kida Musa, the deputy managing director, Deep Water, Total E&P Nigeria, said the company is determined to support and advance local content development in the country. “77 percent of man-hours worked on the project was done locally with 60,000 tons of equipment fabricated in Nigeria by local contractors.

“In addition to drilling records and other significant achievements, the Egina project achieved the integration of six locally fabricated top side modules in Lagos; a first for Nigeria and Africa,” he said.

Terraz urged operators in the oil and gas industry in Nigeria to embrace technological innovations in solving challenges in the sector. “Our industry’s future is one which like other realities of life, is full of uncertainties. The vicissitudes in the global geo-political terrain, technological innovations within the industry that challenge existing production templates, innovations outside the industry that the industry cannot afford to ignore.

“With demands for alternative sources of energy beyond fossil fuels, concerns for the environment, and the fluctuations in the price of oil, we must make efficiency in the use of resources, and innovations, a sine qua non,” he said.

– Feb. 4, 2019 @ 13:42 GMT |

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