Nigeria: TotalEnergies Launches the Ubeta Gas Development to Supply Nigeria LNG Liquefaction Plant
2024年6月20日 - 9:02PM
ビジネスワイヤ(英語)
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), operator of OML
58 onshore license in Nigeria with a 40% interest, together with
the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), have
taken the Final Investment Decision (FID) for the development of
the Ubeta gas field.
Located about 80 km northwest of Port Harcourt in Rivers state,
the OML 58 license contains two fields currently in production, the
Obagi oil field and the Ibewa gas and condensate field. OML58 gas
production is processed in the Obite treatment center and supplied
to both the Nigerian domestic gas market and to Nigeria LNG (NLNG)
plant.
Also located in OML58, the Ubeta gas condensate field will be
developed with a new 6-well cluster connected to the existing Obite
facilities through a 11 km buried pipeline. Production start-up is
expected in 2027, with a plateau of 300 million cubic feet per day
(about 70,000 barrels of oil equivalent per day including
condensates). Gas from Ubeta will be supplied to NLNG, a
liquefaction plant located in Bonny Island with an on-going
capacity expansion from 22 to 30 Mtpa, in which TotalEnergies holds
a 15% interest.
Ubeta is a low-emission and low-cost development, leveraging on
OML58 existing gas processing facilities. The carbon intensity of
the project will be further reduced through a 5 MW solar plant
currently under construction at the Obite site and the
electrification of the drilling rig. TotalEnergies is working
closely with NNPCL to enhance local content, with more than 90% of
manhours which will be worked locally.
“Ubeta is the latest in a series of projects developed by
TotalEnergies in Nigeria, most recently Ikike and Akpo West. I am
pleased that we can launch this new gas project which has been made
possible by the Government’s recent incentives for non-associated
gas developments. Ubeta fits perfectly with our strategy of
developing low-cost and low-emission projects, and will contribute
to the Nigerian economy through higher NLNG exports”, said Mike
Sangster, Senior Vice President Africa, Exploration &
Production at TotalEnergies.
***
About TotalEnergies in Nigeria TotalEnergies has been
present in Nigeria for more than 60 years and employs today more
than 1,800 people across different business segments. Nigeria is
one of the main contributing countries to TotalEnergies’
hydrocarbon production with 219,000 boe/d produced in 2023.
TotalEnergies also operates an extensive distribution network which
includes about 540 service stations in the country. In all its
operations, TotalEnergies is particularly attentive to the
socio-economic development of the country and is committed to
working with local communities.
About TotalEnergies TotalEnergies is a global integrated
energy company that produces and markets energies: oil and
biofuels, natural gas and green gases, renewables and electricity.
Our more than 100,000 employees are committed to provide as many
people as possible with energy that is more reliable, more
affordable and more sustainable. Active in about 120 countries,
TotalEnergies places sustainability at the heart of its strategy,
its projects and its operations.
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Cautionary Note The terms “TotalEnergies”, “TotalEnergies
company” or “Company” in this document are used to designate
TotalEnergies SE and the consolidated entities that are directly or
indirectly controlled by TotalEnergies SE. Likewise, the words
“we”, “us” and “our” may also be used to refer to these entities or
to their employees. The entities in which TotalEnergies SE directly
or indirectly owns a shareholding are separate legal entities. This
document may contain forward-looking information and statements
that are based on a number of economic data and assumptions made in
a given economic, competitive and regulatory environment. They may
prove to be inaccurate in the future and are subject to a number of
risk factors. Neither TotalEnergies SE nor any of its subsidiaries
assumes any obligation to update publicly any forward-looking
information or statement, objectives or trends contained in this
document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the
most recent Registration Document, the French-language version of
which is filed by TotalEnergies SE with the French securities
regulator Autorité des Marchés Financiers (AMF), and in the Form
20-F filed with the United States Securities and Exchange
Commission (SEC).
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