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Exploitation of the Bonga oil field: new investments from TotalEnergies announced

23/10/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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At the end of a meeting held on Saturday, October 19 with Nicolas Terraz, CEO Exploration-Production and member of the TotalEnergies Executive Committee, Heineken Lokpobiri, the Nigerian Minister of State for Petroleum Resources announced that TotalEnergies should formalize d& By the end of this year new investments

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TotalEnergies et ses partenaires Exxon Mobil , Shell, Eni and NNPC had concluded a new production sharing agreement on the Bonga oil field. This time, the French oil major is expected to formalize new investments in the context of the exploitation of the Bonga oil field, located in OML 118, in Nigeria's territorial waters. According to the information, the amount of the planned investment should also concern other offshore oil assets in which the French company is involved alongside Shell and the public oil company (NNPC Ltd). In reality, TotalEnergies style="font-family: "Bookman Old Style”, "serif"> wants to continue its investments in Nigerian oil and gas, which are now focused exclusively on the offshore segment.

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