TotalEnergies says ‘various new projects lined up’ in Nigeria
TotalEnergies has said it is ready to partner with the Nigerian government in boosting production levels through the implementation of the various new projects lined up by the company.
Matthieu Bouyer, managing director of TotalEnergies Upstream Companies in Nigeria, expressed the company’s readiness in remarks during a visit by junior oil minister Heineken Lokpobiri to its offshore fields of Ofon and Egina fields.
He said the projects, “which are tied back to existing fields, will not only increase production but also bring more revenue to the Federal Government,” according to a statement on Friday.
The visit was intended to intimate the minister with TotalEnergies’ investment plans, ongoing projects and challenges faced by the company in the areas of capex and community relations.
“The Federal Government is very desirous to increase investment in the oil and gas sector to boost its production level,” Lokpobiri was quoted as saying. “So, I must commend TotalEnegies for being a shining example of what the Federal Government expects from IOCs (international oil companies). So let us work together and see how we can improve the sector and continue to do what we can to support your company for our mutual benefit.”
The minister said the government was not unmindful of the problems facing IOCs operating in the country. “Let’s have a meeting, see where the problems are and arrive at a win-win situation. “We are not trying to give problems to anybody, it’s going to be a win-win approach because government is not unreasonable to people’s problems,” he added.
