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.
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THE ENERGY REPUBLIC I SPECIAL EDITION