NNPC, TotalEnergies sign investment decision on Ubeta field

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The milestone, according to NNPC Ltd, is in line with President Bola Tinubu’s presidential executive order on oil and gas reforms

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Speaking at the signing event, the Group Chief Executive Officer of NNPC Ltd, Mele Kyari, said the continuous support of President Bola Tinubu’s administration in facilitating a conducive operational environment as a major enabler in achieving this success.PREMIUM TIMES delivers fact-based journalism for Nigerians, by Nigerians — and our community of supporters, the readers who donate, make our work possible.

Also speaking, the Senior Vice President Africa, Exploration & Production, TotalEnergies, Mike Sangster, said the project is part of the company’s strategy to ensure more sustainable energy and less emissions in line with the global energy transition drive. The Minister of State for Petroleum Resources , Ekperikpe Ekpo said the project is a testament to the effectiveness of government’s policies aimed at creating a conducive environment for investment in the gas sector.

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