TotalEnergies renews licence for deep offshore Nigerian fields
TotalEnergies has renewed its production licence for the deep offshore OML130 block in Nigeria for another 20 years, the French major said on May 30, paving the way for the further development of its resources.
Situated 150 km off the Nigerian coast, the OML130 block comprises the Akpo and Egina fields brought on stream in 2009 and 2018 respectively. Together they flowed 282,000 barrels of oil equivalent/day last year, of which 30% was natural and delivered to the Nigeria LNG plant.
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TotalEnergies expects to launch the Akpo West short-cycle project at the block by the end of this year. OML130 also contains the Preowei discovery, due to be developed with a tie-back to the Egina floating production storage and offloading (FPSO) unit.
The French major said that the licence extension would enable it to move ahead with a front-end engineering study (FEED) for the Preowei project.
TotalEnergies operates OML130 with a 24% stake, while CNOOC has 45%, Sapetro has 15% and Prime 130 16%. Nigeria's national oil company NPC serves as the concessionaire of the production-sharing contract.