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The Energy Republic February Edition 2022

This magazine is a special edition focused on the challenges and growth opportunities in Sub- Saharan Africa oil and gas value chain, with a spotlight on stakeholders commentaries, while recommending some key strategies in unlocking the new opportunities in the African oil and gas industry....

This magazine is a special edition focused on the challenges and growth opportunities in Sub-
Saharan Africa oil and gas value chain, with a spotlight on stakeholders commentaries, while recommending some key strategies in unlocking the new opportunities in the African oil
and gas industry....

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NIGERIA OIL AND GAS

and the direction in which the government

intended to steer the industry. He stated that the

Act would aid in attracting more investment to

enable Nigeria’s gas resources develop.

“TotalEnergies is partnering with all our partners

and aligning with the government to make gas

Nigeria’s transition fuel” he said.

TotalEnergies have been active in Nigeria for more

than 60 years in oil and gas exploration and

production, natural gas liquefaction and the

marketing of products and services. The company

lead a number of community outreach initiatives

in the country, with a focus on health, road safety,

education and entrepreneurship.

Victor Bandele

Deputy Managing Director, Deepwater

District, TotalEnergies Nigeria

Our DNA is to Reduce

Carbon Footprints

The Deputy Managing Director,

Deep Water, TotalEnergies EP

Nigeria, Victor Bandele, has said

that before the global energy transition

agenda come on board, TotalEnergies DNA

was to make sure that it reduces its carbon

footprint in Nigeria.

Bandele said that over the years before the

current interest driven by climate change,

Totalenergies as a company had taken

some initiatives to ensure transition to netzero

Carbon emission in it’s operations.

He explained that the company completely

arrested routine flaring on OFON and all

the adjacent fields in 2014 which attracted

World Bank recognition.

“That was followed a couple of years later

with the Northern Option Pipeline (NOPL)

with 300 million scf of gas per day capacity

giving boost to the Alaoji power plant,

feeding the NLNG plant and now

connecting Indorama. He said the most

impressive project Nigeria had witnessed

in recent times, the 200,000 bpd Egina field

was also sanctioned on a zero routine flare

basis.

“When you look at all that, you see that we have

it in our DNA to make sure that we reduce our

carbon footprint,” the Totalenergies boss said.

Bandele gave this perspectives during a panel

session at the just concluded sixth Edition of the

sub-Saharan African International Petroleum

Exhibition and Conference organized by the

Petroleum Technology Association of Nigeria

(PETAN) in Lagos.

He therefore reaffirmed Totalenergies

commitment to attaining carbon neutrality in

its operations by the year 2050. He further

provided an update on the company’s progress

toward cleaner energy targets in the run-up to

the deadline.

According to him, TotalEnergies is investing in

all energy sources in various economies,

including oil, solar, gas, biomass, wind,

electricity, and hydrogen, in keeping with its

new profile as an energy company.

He also noted that the Petroleum Industry Act

(PIA) had clarified the budgetary parameters

TotalEnergies interests in Nigeria comprise 33 oil

mining leases (OMLs), five of which it operate and

one of which is an oil prospecting lease (OPL).

TotalEnergies operate the following OMLs:

3Onshore OML 58 (40%), which includes the

Obagi field, the Ibewa gas field and the Obite gas

processing plant.

3Offshore OML 99 (40%), which includes the

Amenam-Kpono field, and the Ikike field under

development.

3Offshore OML 100 (40%), which includes the

Odudu, Afia, Ime and Edikan fields, as well as the

floating storage and offloading (FSO) vessel Unity,

which receives all oil produced from conventional

offshore sites.

3Offshore OML 102 (40%), which includes the

Ofon field.

3Offshore OML 130 (24%), which contains the

Akpo and Egina fields.

In the field of liquefied natural gas (LNG), we have

a 15% stake in Nigeria LNG, which operates one of

the biggest natural gas liquefaction plants in the

world, located on Bonny Island on the southern tip

of Nigeria.

TotalEnergies is a broad energy company that

produces and markets energies on a global scale:

oil and biofuels, natural gas and green gases,

renewables and electricity. The company is

reinventing and diversifying its energy offering to

promote renewable and decarbonized energies,

as well as sparing, well-considered use of fossil

energies. By moving to new energies, we are also

encouraging our customers to change their

consumption habits, prefer energy efficiency and

turn to low-carbon solutions first.

TotalEnergies is also developing a portfolio of

operations across the electricity value chain to

ensure that electricity accounts for 40% of our

sales mix by 2050.

15

THE ENERGY REPUBLIC I SPECIAL EDITION

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