TotalEnergies and Nigerian National Petroleum Corporation Ltd (NNPCL), the operators of the OML 58 onshore license with 40 per cent and 60 per cent interest, respectively, have made the Final Investment Decision (FID) to develop the Ubeta Gas Field to supply the Nigeria Liquefied Natural Gas (NLNG) liquefaction plant.
TotalEnergies and Nigerian National Petroleum Corporation Ltd , the operators of the OML 58 onshore license with 40 per cent and 60 per cent interest, respectively, have made the Final Investment Decision to develop the Ubeta Gas Field to supply the Nigeria Liquefied Natural Gas liquefaction plant.
According to the TotalEnergies Joint Venture , the Ubeta Gas Condensate Field, also located in OML 58, will be developed with a new six-well cluster connected to the existing Obite facilities through an 11 km buried pipeline.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NNPCL-TotalEnergies announces $550m investment on Ubeta projectThe Nigeria National Petroleum Company Limited, NNPCL, and TotalEnergies Joint Venture have officially announced a $550 million Final Investment Decision (FID) on the Ubeta Field Development Project to boost Nigeria’s oil and gas production. The spokesperson of NNPCL, Olufemi Soneye, disclosed this in a statement on Thursday.
Read more »
NNPC, TotalEnergies sign investment decision on Ubeta fieldThe milestone, according to NNPC Ltd, is in line with President Bola Tinubu’s presidential executive order on oil and gas reforms
Read more »
Sources: NNPC, TotalEnergies to finalise $550m investment on Ubeta project this weekNNPC Limited and TotalEnergies are set to announce the final investment decision on the Ubeta Field Development Project, TheCable understands
Read more »
JUST IN: NNPC, TotalEnergies sign $550m investment deal on Ubeta projectThe Nigerian National Petroleum Company (NNPC) Limited has signed a memorandum of understanding (MoU) with TotalEnergies to final investment decision (FID) on the Ubeta Field Development Project.
Read more »
NNPCL restates commitment to excellenceThe Nation Newspaper NNPCL restates commitment to excellence
Read more »
Reps To Investigate NNPCL Over ‘Illegal’ Spending Of Frontier Exploration FundThe Latest News from Nigeria and Around the World
Read more »