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HomeTop NewsTotalEnergies announces start of production of crude oil from Nigeria's Ikike field

TotalEnergies announces start of production of crude oil from Nigeria’s Ikike field

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By Samuel Bankole

Nigeria’s unit of French oil and energy company TotalEnergies has begun production from the Ikike field in Nigeria, which is expected to deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022, it said on Monday.

In a statement, TotalEnergies OML99 operator 40 per cent in partnership with the Nigerian National Petroleum Company Limited 60 per cent, announced the start of production from the Ikike field, in Nigeria.

It said the oil field is located 20 kilometres off the coast, at a depth of about 20 meters, the Ikike platform is tied back to the existing Amenam offshore facilities through a 14 km multiphase pipeline. “It will deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022.

“The Ikike project leverages existing facilities to keep costs low, and is designed to minimize greenhouse gas emissions: estimated at less than 4kg CO2e/boe, they will contribute to reducing the average carbon intensity of TotalEnergies’ upstream portfolio.

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“In addition, 95 per cent of hours were worked locally: the jacket, as well as the topside modules, were entirely built and integrated by local contractors, the statement posted on its website said.

The energy company said; “TotalEnergies is pleased to start production at Ikike, which was launched a few months before the covid pandemic, and whose success owes a lot to the full mobilization of the teams.

“By tapping discoveries close to existing facilities, this project fits the Company’s strategy of focusing on low-cost and low-emission oil projects,” said the Senior Vice President Africa, Exploration and Production at TotalEnergies, Henri-Max Ndong-Nzue.

The European Commission’s deputy director general for its energy department this month said that the European Union was seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts.

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