• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Energy

Nigeria: TotalEnergies’ Ikike oilfield goes live, targets 50,000bpd

3 years ago
in Energy, Features, highlights, Home, home-news, latest News
2 min read
0 0
0
113
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Nigeria: TotalEnergies’ Ikike oilfield goes live, targets 50,000bpd

TotalEnergies, which operates Oil Mining Licence (OML) 99 in partnership with the Nigerian National Petroleum Company Limited (NNPC), announced on Monday that it had started production from the Ikike field in Nigeria.

The company, which owns 40 percent of the oilfield located 20 kilometres off the coast at a depth of about 20 meters, said the Ikike platform is tied back to the existing Amenam offshore facilities through a 14 km multiphase pipeline.

It will deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022, TotalEnergies said.

Explaining further, the oil company said the Ikike project leverages existing facilities to keep costs low and is designed to minimize greenhouse gas emissions: estimated at less than 4kg CO2e/boe, saying they will contribute to reducing the average carbon intensity of TotalEnergies’ upstream portfolio.

The company added that 95percent of hours were worked locally, noting that the jacket, as well as the topside modules, were entirely built and integrated by local contractors.

“TotalEnergies is pleased to start production at Ikike, which was launched a few months before the Covid-19 pandemic, and whose success owes a lot to the full mobilization of the teams.

RelatedPosts

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

“By tapping discoveries close to existing facilities, this project fits the Company’s strategy of focusing on low-cost and low-emission oil projects,” Henri-Max Ndong-Nzue, Senior Vice President Africa, Exploration and Production at TotalEnergies said.

The field is expected to recover 77.41 million barrels of oil equivalent, which includes 69.6 million barrels of crude oil and condensate reserves and 46.87 billion cubic feet of liquid natural gas reserves.

The French company, which took a Final Investment Decision on the Ikike project in January 2019, said in 2021 that it expected to reach first oil late last year. It said it had hoped to begin production at the project in 2020.

The engineering studies for the development of the Ikike field were completed in 2018. It said the field would be developed as a satellite tie-back to the Amenam-Kpono field, which is also owned and operated by the TotalEnergies/NNPC JV.

Total has been operating in Nigeria for more than 50 years in upstream and downstream sectors. The company operates five offshore production licenses, including OML 130, OML 102, OML 100, OML 102, and one onshore licence OML 58. The licences hold various fields including the Akpo, Egina, Ikike, Ofon 2, and Preowei.

Tags: NigeriaNigerian National Petroleum Company Limited (NNPC)Oil Mining Licence (OML)TotalEnergies
No Result
View All Result

Highlights

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

Trending

Features

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

MTN Nigeria Now the Most Capitalized Stock in Nigeria MTN Nigeria has surged to become the most...

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.