TotalEnergies begins Production at Nigeria’s Akpo West Field
TotalEnergies and its partners have begun production from the Nigeria’s Akpo West field on the Petroleum Mining Lease (PML) 2.
This was disclosed by TotalEnergies in a statement obtained by Majorwaves.
According to the company, Akpo West is tied back to the existing Akpo Floating Production Storage and Off- loading (FPSO) facility, which began production in 2009 and produced 124,000 barrels of oil equivalent per day in 2023.
TotalEnergies is projecting that by mid-2024, Akpo West will add 14,000 barrels of condensate production per day, adding that this will be followed by up to 4 million cubic meters of gas per day by 2028.
“The Akpo West development leverages the existing Akpo facilities to keep costs low and minimize green- house gas emissions. The project’s carbon intensity is expected to be below 5 kg CO2e/boe and will contribute to reduce the average carbon intensity of TotalEnergies’ portfolio,” TotalEnergies said.
Commenting, Senior Vice President Africa, Exploration and Production at TotalEnergies, Mike Sangster, said: “After Ikike in 2022, TotalEnergies is pleased to start production of anoth- er tie-back project in Nigeria, Akpo West, which will contribute to main- taining the production of the existing Akpo facilities by developing additional nearby resources. This project fits the Company’s strategy of developing low-cost and low-emission projects.”
He added: “This project leverages TotalEnergies’ solid footprint in Nigeria and will quickly bring value to the country, TotalEnergies and its part- ners.”
TotalEnergies is the operator of PML2 with a 24 percent interest, in partnership with CNOOC (45%), Sa- petro (15%), Prime 130 (16%) and the Nigerian National Petroleum Company Ltd as the concessionaire of the Production Sharing Contract (PSC).
Meanwhile, the NNPC Limited has at- tributed the milestone to the meticulous planning, strategic collaboration, and unwavering dedication from all stakeholders involved in the project.
“The milestone was enabled by the strategic leadership of the Group Chief Executive Officer (GCEO), Mr. Mele Kyari, and the Upstream Directorate of the NNPC Ltd. whose support played no small role in propelling the operators to actualise the short- and mid-term hydrocarbon production goals of the President Tinubu administration,” Chief Corporate Communications Officer of NNPC Ltd, Olufemi Soneye said in a statement.
