JUST IN: NNPC, TotalEnergies sign $550m investment deal on Ubeta project

  • 📰 thecableng
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The Nigerian National Petroleum Company (NNPC) Limited has signed a memorandum of understanding (MoU) with TotalEnergies to final investment decision (FID) on the Ubeta Field Development Project.

The Nigerian National Petroleum Company Limited has signed a memorandum of understanding with TotalEnergies for the final investment decision on the Ubeta Field Development Project.Speaking at the event, Mele Kyari, group chief executive officer of NNPC, said on stream, the Ubeta project will produce about 350 million standard cubic feet per day of gas and 10,000 barrels per day of associated liquids.

“No doubt, this project will create opportunities, jobs, and everything that you can imagine, including making our energy investment much more productive.“I know for sure that the engagements with our other partners will ensure delivery of gas sufficient to keep our train 1 to 7 active and at full capacity, and also realise our ambitions for train 7.”

In his remarks, Mike Sangster, senior vice president Africa, exploration and production, TotalEnergies, said he is pleased that the firm can launch the gas project which has been made possible by the government’s recent incentives for non-associated gas developments.“Ubeta is the latest in a series of projects developed by TotalEnergies in Nigeria, most recently Ikike and Akpo West,” Sangster said.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Sources: NNPC, TotalEnergies to finalise $550m investment on Ubeta project this weekNNPC Limited and TotalEnergies are set to announce the final investment decision on the Ubeta Field Development Project, TheCable understands
Herkunft: thecableng - 🏆 2. / 80 Weiterlesen »