Having been the largest private energy investor in Nigeria over the last decade, TotalEnergies has reaffirmed its commitment to the country in a meeting between its chairman and CEO, Patrick Pouyanné, and President of Nigeria, Bola Ahmed Tinubu
Across the last ten years the company’s dedication to the country has seen it develop major projects such as Egina, Ofon Phase 2, the OML 58 Upgrade and Ikike.
In the meeting, the two executives discussed the ways to improve the investment climate and security of operations alongside the company’s future investment programme it will aim to execute in the country. According to TotalEnergies, the two also explored efforts to support carbon emissions reduction in the country.
As a founding member of the Global Gas Flaring Reduction partnership, TotalEnergies has endorsed the ‘Zero Routine Flaring 2030’ initiative and has finalised (in partnership with the Nigerian National Petroleum Company Limited) the OML 100 Flare Out project. In doing so, it became the first major operator in Nigeria to eliminate routing flaring from its operated assets.
To build further here, TotalEnergies and NNPCL also signed a cooperation agreement to carry out methane detection and measurement campaigns using its advanced drone-based technology AUSEA on Oil & Gas facilities in the country.
Patrick Pouyanné, chairman and CEO of TotalEnergies, remarked, “TotalEnergies is pleased to announce the end of routine flaring in its operations in Nigeria and the sharing of our in-house AUSEA technology with NNPCL, concretely supporting NNPCL to deliver the commitment taken at COP28 by endorsing the Oil & Gas Decarbonization Charter. We had a very constructive and pragmatic discussion today with President Tinubu on key actions Nigeria should take to attract increased investment in the country.”
