TotalEnergies announces Ntokon oil and gas discovery off Nigeria

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%.