Learn more

By Elena Kachkova in Johannesburg TotalEnergies, operator of onshore oil mining licence 58 (OML 58) in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), on June 20 announced its Final Investment Decision (FID) for the development of the Ubeta gas field. The OML 58 licence is located about 80 km northwest of Port Harcourt in Rivers state, and contains two fields currently in production, the Obagi oil field and the Ibewa gas and condensate field. The Ubeta gas condensate field is also located in OML58. OML58 gas production is processed in th…

cuu