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TotalEnergies announces Ntokon oil and gas discovery off Nigeria

By MacDonald Dzirutwe

13 Jun 2023

TotalEnergies has discovered oil and gas at the OML 102 offshore oilfield in Nigeria, the French company said on Tuesday, 13 June.

Source: Reuters/Sarah Meyssonnier

"This new success in the area further demonstrates the potential of nearby exploration to create value within our low-cost, low-emission strategy," said Nicolas Terraz, president, exploration and production, at TotalEnergies.

OML 102 is operated by TotalEnergies Nigeria with a 40% interest, alongside state-oil firm NNPC Ltd which holds the remaining 60%.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/