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Tag Archives: TotalEnergies

TotalEnergies to unveil new gas field project in Nigeria by 2026

The TotalEnergies Limited says it will unveil its shallow water 70,000 barrels per day (bpd) Ima gas field project in Nigeria by 2026. The Country Chairman/Managing Director, TotalEnergies Nigeria, Matthieu Bouyer, disclosed this in Abuja at the Nigeria Oil and Gas (NOG) Energy Week 2025. Speaking at a strategic panel …

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CAF unveils new WAFCON trophy

The Confederation of African Football (CAF) has unveiled a new trophy for the TotalEnergies CAF Women’s Africa Cup of Nations (WAFCON), Morocco 2024. The trophy was unveiled on Wednesday night at an event hosted by CAF and long-term partner, TotalEnergies, in Casablanca, Morocco. CAF in a statement said “the trophy …

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TotalEnergies declares N27bn Profit for 2024

TotalEnergies Marketing Nigeria Plc says it generated N27 billion as profit for the financial year ended Dec. 31, 2025. This is 133 per cent surge from N12 billion recorded in 2023. TotalEnergies disclosed this in its audited financial statement posted as a corporate disclosure through the Nigerian Exchange Ltd. The …

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Africa Accounts for 35% of Newly Discovered Oil – Report

Oil-producing African countries have increased their crude production quota, now accounting for 35 per cent of newly discovered oil reserves in 2024, a substantial rise from just seven per cent in 2023, a new report by S&P Global has stated. The production upsurge shows that African nations are now leading …

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Nigeria Needs Improved Security, Investment to Achieve 2.06 mbpd Crude Oil Production – Report

NIGERIA needs improved security, improved investment, and a proper regulatory framework to achieve its target of producing 2.06 million barrels of crude oil per day in 2025. This is according to an analysis contained in a report by PricewaterhouseCoopers (PwC) International Limited, titled “2025 Nigerian Budget and Economic Outlook.” According …

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Nigeria Remains Oil, Gas Investment Destination With $5billion Shell FID – TDF

THE Democratic Front (TDF) has announced that Shell’s $5 billion Final Investment Decision (FID) for the Bonga North Deep Offshore field further highlights the investment-friendly approach of the Tinubu administration. This was disclosed in a statement signed by the Chairman, Mallam Danjuma Muhammad, and Secretary, Chief Wale Adedayo. The group explained that …

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Namibia’s Orange Basin Emerges as Global oil Hotspot

Namibia’s upstream oil sector is seeing a surge of global attention, driven by significant oil and gas discoveries in the Orange Basin. Since 2022, TotalEnergies, Shell, and Galp have announced major finds in this offshore region, marking a turning point for the country’s energy sector. The Orange Basin, located off Namibia’s …

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Happal Energies Acquires Total E&P 10% Stake in SPDC

Chappal Energies has entered into a Sale and Purchase Agreement to acquire TotalEnergies Exploration and Production Nigeria Limited’s 10 per cent non-operated interest in its onshore and shallow water assets within the Shell Petroleum Development Company Joint Venture in the Niger Delta. The transaction is expected to close by December …

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TotalEnergies Strikes First Deal With Dangote Refinery

FRENCH energy giant TotalEnergies has finalised its first supply agreement with Nigeria’s Dangote Refinery, CEO Patrick Pouyanne announced on Friday following a meeting with Africa’s richest man, Aliko Dangote. ‘We met this morning, we made the first deal between both of us,’ Pouyanne revealed during a panel at the Africa …

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