French oil main TotalEnergies has launched a sale of its minority stake in a Nigerian oil joint venture. According to the firm, they wish to focus on deep-water fields away from the difficulties of working in shut proximity with local communities.
The company is promoting its curiosity in thirteen onshore fields and three in shallow water, producing over 20,000 barrels of oil equivalent per day. เกจวัดแรงดันอาร์กอน includes infrastructure such as 3,500 km of pipelines connecting to 2 key crude export terminals, Bonny and Forcados. They will hold OMLs(oil mining licences) 23 and 28 and its interest within the associated fuel pipeline network that feeds Nigeria LNG.
Shift to deep-water fields
“Disruption of native communities are sources of great concern within the country. We have appointed Canada’s Scotiabank to steer the sale as the financial adviser to the transaction,” said Patrick Pouyanne, TotalEnergies chief executive.
TotalEnergies is the latest multinational to surrender its onshore asset for deep-water fields. Mele Kyari, the group managing director, Nigerian National Petroleum Company (NNPC) Limited had in February stated International oil companies are leaving Nigeria and shifting their portfolios to where they will add worth to the journey towards carbon net-zero dedication.
Last 12 months, Royal Dutch Shell introduced its plan to dump onshore Nigerian oil property in a bid to move to cleaner vitality. It mentioned it was discussing with the federal authorities to promote its onshore oil assets within the nation.
Also, เกจวัดแรงดันลมดิจิตอล in February introduced it had entered into a contract with ExxonMobil, to buy Mobil Producing Nigeria Unlimited’s complete oil assets in Nigeria. That consists of all of Exxon’s complete shallow water assets in the Niger Delta.
Share