Total preparing FID for Ikike field development in Nigeria

IMRA Group

French oil company Total is reportedly preparing to make a Final Investment Decision for its Ikike field development offshore Nigeria. This is according to the Nigerian news website Vanguard.

Vanguard on Monday said that a Total Nigeria executive gave the Ikike FID indication during last week’s arrival ceremony in Lagos for Total’s 200,000 bpd Egina FPSO.

Nicolas Terraz, CEO at Total E&P Nigeria, reportedly said Total’s next project in Nigeria would be the Ikike, in cooperation with Nigeria’s NNPC.

“We have not started yet. We are studying security issues. We are working with NNPC to reach the FID,” Vanguard cited Terraz as saying.

The Ikike field is located in the OML 99 license offshore Nigeria, with Total being the operator with a 40 percent stake. The project is expected to be developed as a tie-back to Amenam (5 wells) platform.

If the FID is made in 2018 the field is expected to start production in 2020 at a rate of 45 thousand barrels of oil per day. The field is estimated to hold reserves of 70 million barrels of oil equivalent.

Offshore Energy Today Staff

 

 

Share this article

Follow Offshore Energy Today

Events>

<< May 2018 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Annual Ghana Summit 2018

The 8th Annual Ghana Summit took place 22 – 23 June 2017 and was a huge success…

read more >

25th Anniversary International Caspian Oil & Gas Conference

In 2018, the largest oil and gas event in the Caspian Region – the Caspian Oil & Gas Exhibition and Conference Incorporating Refining…

read more >

7th Oil and Gas Kenya 2018 Products & Eqpt. Exhibition in Africa

The 07th Oil & Gas Africa – Int’l Trade Exhibition, 29 – 31 May, 2018, is a hub for key players in the oil and gas…

read more >

FPSO Brazil Congress 2018

This is the first and only conference dedicated to the entire lifecycle of the Brazilian FPSO industry…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply