KEY POINTS
- TotalEnergies reaffirmed its commitment to Nigeria after 70 years in downstream operations and 67 years in upstream operations.
- The company took final investment decisions on the Ubeta and Ima gas projects in partnership with NNPC and other partners.
- Both projects target zero routine gas flaring, while TotalEnergies and NNPC are improving methane monitoring.
TotalEnergies has reaffirmed its long-term commitment to Nigeria, citing fresh investments in gas development, efforts to reduce emissions and more than six decades of operations in the country’s oil and gas industry.
The company said it had taken two major final investment decisions in just over a year, signalling continued investment in Nigeria’s energy sector.
TotalEnergies EP Nigeria Limited said it remained committed to supporting Nigeria’s energy development, drawing attention to its 70 years of downstream operations and 67 years in the upstream sector.
Speaking at the 2026 Annual Energy Conference of the Association of Energy Correspondents of Nigeria (NAEC) in Lagos, Senan Murray, the company’s Manager of Communication Projects in Nigeria, highlighted the importance of sustained investment and cooperation among energy industry stakeholders.
The conference, themed “Access to Assets: Empowering Players and Driving Growth,” brought together regulators, international oil companies, indigenous operators and power sector stakeholders to discuss investment opportunities and challenges affecting the industry.
Discussions focused on access to oil and gas assets, divestment trends and operational changes reshaping Nigeria’s energy sector.
Murray also stressed the importance of collaboration between energy companies and the media in helping the public understand developments in the industry.
Company advances Ubeta and Ima gas projects
Murray disclosed that TotalEnergies had taken two major final investment decisions (FIDs) within a little over a year, underscoring its continued interest in Nigeria’s oil and gas industry.
He said the company reached a final investment decision in June 2024 to develop the Ubeta gas project in partnership with the Nigerian National Petroleum Company Limited (NNPC) and other partners.
He added that another final investment decision was taken in September 2026 for the development of the Ima gas project.
The investments reflect the company’s focus on expanding gas production and supporting Nigeria’s efforts to harness its natural gas resources.
Murray described the business environment as increasingly favourable to investment, expressing optimism that additional projects could emerge in the coming months and years.
His remarks point to the importance of a stable and supportive investment climate in attracting capital, developing energy assets and strengthening Nigeria’s position in the global oil and gas market.
