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TotalEnergies Begins Oil Production From Akpo West field

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TotalEnergies Begins Oil Production From Akpo West field

 

By Abimbola Abdullah

Nigeria’s oil production has received a boost as TotalEnergies announced the commencement of production from the Akpo West oil field offshore Nigeria.

The company, in a statement said the project would not only maintain production in its existing Akpo facilities but would also be an additional source of crude oil.

Senior Vice President Africa, Exploration and Production at TotalEnergies, Mike Sangster, said: “After Ikike in 2022, TotalEnergies is pleased to start production of another tie-back project in Nigeria, Akpo West, which will contribute to maintaining the production of the existing Akpo facilities by developing additional nearby resources. 

“This project fits the Company’s strategy of developing low-cost and low-emission projects.

“This project leverages TotalEnergies’ solid footprint in Nigeria and will quickly bring value to the country, TotalEnergies and its partners”, the company said in a statement.

Located 135 kilometers off the coast, Akpo West is tied back to the existing Akpo Floating Production Storage and Offloading (FPSO) facility, which started-up in 2009 and produced 124,000 barrels of oil equivalent per day in 2023.

By mid-2024, Akpo West will add 14,000 barrels of condensate production per day, to be followed by up to 4 million cubic meters of gas per day by 2028.

The Akpo West development leverages the existing Akpo facilities to keep costs low and minimize greenhouse gas emissions.

The project’s carbon intensity is expected to be below 5 kg CO2e/boe and will contribute to reducing the average carbon intensity of TotalEnergies’ portfolio.

 

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TotalEnergies Begins Oil Production From Akpo West field

 

By Abimbola Abdullah

Nigeria’s oil production has received a boost as TotalEnergies announced the commencement of production from the Akpo West oil field offshore Nigeria.

The company, in a statement said the project would not only maintain production in its existing Akpo facilities but would also be an additional source of crude oil.

Senior Vice President Africa, Exploration and Production at TotalEnergies, Mike Sangster, said: “After Ikike in 2022, TotalEnergies is pleased to start production of another tie-back project in Nigeria, Akpo West, which will contribute to maintaining the production of the existing Akpo facilities by developing additional nearby resources. 

“This project fits the Company’s strategy of developing low-cost and low-emission projects.

“This project leverages TotalEnergies’ solid footprint in Nigeria and will quickly bring value to the country, TotalEnergies and its partners”, the company said in a statement.

Located 135 kilometers off the coast, Akpo West is tied back to the existing Akpo Floating Production Storage and Offloading (FPSO) facility, which started-up in 2009 and produced 124,000 barrels of oil equivalent per day in 2023.

By mid-2024, Akpo West will add 14,000 barrels of condensate production per day, to be followed by up to 4 million cubic meters of gas per day by 2028.

The Akpo West development leverages the existing Akpo facilities to keep costs low and minimize greenhouse gas emissions.

The project’s carbon intensity is expected to be below 5 kg CO2e/boe and will contribute to reducing the average carbon intensity of TotalEnergies’ portfolio.

 

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