Abuja: TotalEnergies Limited announced that it will unveil its 70,000 barrels per day (bpd) shallow water Ima gas field project in Nigeria by 2026.
The Country Chairman and Managing Director of TotalEnergies Nigeria, Matthieu Bouyer, disclosed this in Abuja at the Nigeria Oil and Gas (NOG) Energy Week 2025.
Speaking at a strategic panel session titled “Pragmatically Achieving Energy Abundance,” Bouyer said the project would supply the Nigeria Liquefied Natural Gas (NLNG), one of the largest LNG plants in the world.
Bouyer said the company was committed to sustainably increasing oil and gas production.
“Ima is another gas-field project offshore, which we intend to unveil in the coming year.
“It is a 70,000 barrels per day field; so that is already 140 barrels per day to accumulate by the two gas projects.
“So that is significant; NLNG is one of the largest plants in the world, and today I think it is starting to get more gas.”
He said the company had been careful of emissions while growing energy.
“We have been investing significantly in the past 15 years in Nigeria with a big project such as Egina, OML 13/2018, Ikike OML 99/2022, and Akpo West OML 130/2009, which we started in 2024.
“And we have been drilling continuously up to this time on our deep offshore in the past two and a half years.
“So, the commitment to the country is undeniable, and we believe in Nigeria, in the resources, in the country, and we believe that there is an excellent future in Nigeria.
“In 2024, we inaugurated the Ubeta OML 58 project; Ubeta is a significant gas lag field onshore, which will supply gas to Nigeria Lequeified NG, and to the domestic market.”
The Ubeta project, located within the OML 58 concession, is designed for processing subsequent export to NLNG and domestic gas parties through the Obite-Ubeta-Rumuji (OUR) or Gas Transmission System-1 (GTS) pipelines.
Bouyer described the Ubeta field as significant, as it would produce between 70,000 and 70,000 bpd.
He added that the Final Investment Decision (FID) demonstrated precise adherence to the country’s good rules and regulations.
“So by doing this, we demonstrate the commitment, and we are of course keen to go all over the chain, up to NLNG.
“We have more, and to be able to unlock this more, we need to demonstrate this competitiveness,” he said.
He thanked the Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for exhibiting trust in them.
The managing director said the company had been active in the exploration sphere and had made a discovery two years ago, called ENTPON, an oil discovery made offshore, which is currently progressing and maturing the assessment.
He said it deployed technology to achieve less emissions, as it was the first company in Nigeria to stop all routine gas flaring.
Mr Adewale Fayemi, Managing Director of TotalEnergies Renewable DG Nigeria, highlighted the role of renewables in the future energy mix.
He called for national electrification plans with clear commercial priorities and independent regulators, free from political obstructions.
Fayemi, represented by Omotayo Hassan, General Manager of Renewables at TotalEnergies Renewable DG Nigeria, stated that the firm focuses on off-grid solar power generation.
He called for the creation of an enabling business environment.
“We need to have national electrification plans that have clear commercial priorities because that drives investor confidence; the reality is that investors go to places where they can get their money back.
“The regulator has to be independent, without any political influence or political obstruction.
“It is essential that the community, gender, and young people are interested in the projects that you do because it provides resilience for those projects.
“We need to look at long-term local currency financing strongly. It is a must. Forex issues have always been a problem, and that is a fact.
“Fragmentation chases away investors; so, that is also something that needs to be dealt with,” he said.