French oil main TotalEnergies has launched a sale of its minority stake in a Nigerian oil three method partnership. According to เกจวัดแรงดันแก๊สอาร์กอน , they want to focus on deep-water fields away from the difficulties of operating in shut proximity with native communities.
The company is selling its interest in thirteen onshore fields and three in shallow water, producing over 20,000 barrels of oil equivalent per day. The sale consists of infrastructure corresponding to 3,500 km of pipelines connecting to 2 key crude export terminals, Bonny and Forcados. They will maintain OMLs(oil mining licences) 23 and 28 and its curiosity in the associated fuel pipeline community that feeds Nigeria LNG.
Shift to deep-water fields
“Disruption of local communities are sources of great concern within the country. We have appointed Canada’s Scotiabank to guide the sale as the monetary adviser to the transaction,” said Patrick Pouyanne, TotalEnergies chief government.
TotalEnergies is the most recent 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 firms are leaving Nigeria and shifting their portfolios to the place they can add worth to the journey towards carbon net-zero commitment.
Last 12 months, Royal Dutch Shell announced its plan to dump onshore Nigerian oil assets in a bid to move to cleaner power. It stated it was discussing with the federal authorities to sell its onshore oil assets in the country.
Also, Seplat Energy in February announced it had entered into a contract with ExxonMobil, to buy Mobil Producing Nigeria Unlimited’s entire oil assets in Nigeria. That contains all of Exxon’s entire shallow water belongings within the Niger Delta.