Nigeria’s oil output to add 50,000bpd as TotalEnergies begins production from Ikike field

TotalEnergies, OML99 operator, says it has commenced oil production from the Ikike field, in Nigeria.

The company said this in a statement published on its website on Monday.

According to the statement, the project is in partnership with the Nigerian National Petroleum Corporation (NNPC) with a share of 60 percent.

“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 mobilisation of the teams,” the statement quoted Henri-Max Ndong-Nzue, senior vice-president Africa, exploration and production at TotalEnergies, as saying.

“By tapping discoveries close to existing facilities, this project fits the company’s strategy of focusing on low-cost and low-emission oil projects.”

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-kilometre multiphase pipeline.

According to the statement, it will deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022.

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

“In addition, 95 percent of hours were worked locally: the jacket, as well as the topside modules, were entirely built and integrated by local contractors,” the company said.

The development comes nearly a week after President Muhammadu Buhari unveiled the Nigerian National Petroleum Company Limited (NNPC) Limited.

TheCable’s insight on the implications of the new NNPC Limited for the energy sector can be found here.