Total E&P commits to cost optimisation operation without compromise on safety standards

Total Exploration and Production Nigeria Limited has restated its commitment to remain in business by continuing to adapt to the dynamic economic environment through cost optimisation without any compromise on safety standards.

The company equally assured that they will continue to capitalise on their strengths to secure future growth by leveraging on current market conditions to extend production.

Nicolas Terraz, managing director, Total E&P Nigeria Limited stated this while speaking at the Pre-Conference workshop of the 35th NAPE annual International conference and exhibitions 2017 held at Eko hotel, Lagos, November 9, 2017.

Terraz said Total is intensifying a lot of efforts on exploration and appraisal activities with two operated Exploration and Appraisal wells planned for this 2017: adding that one in the conventional offshore and with the drilling of the second one in the deep offshore almost finalized; and with the results in line with prognoses.

According to him, “Our plan is to maintain aggressive exploration and appraisal wells drilling in order to play our part in increasing the hydrocarbon resource base of the nation”.

He observed that Egina deepwater development project, which is currently around 90% completion, will add 200,000 barrels of oil per day to Nigeria’s production by next year, adding that the Egina FPSO is on the high seas enroute Lagos, Nigeria.

“The FPSO unit will arrive early next year and will berth at Africa’s first FPSO integration quay side at the SHI-MCI Yard (at LADOL) for integration of 6 of the Topside Modules. The integration of these 6 modules of 8500 Tons will be the first of its kind in Nigeria”, he said.

He further noted that despite the challenging operating environment, Total is committed to investing in the country. We, therefore, believe that when Nigeria prospers, Total also prospers.

“Despite being busy with these important projects, we never lose sight of the fact that we are a corporate citizen of Nigeria, and this status comes with certain responsibilities not just to our host communities but to Nigeria as a whole. We shall continue to assist the authorities in providing infrastructure and access to quality healthcare and education to Nigerians and the communities that host our operations”.

“We shall also continue to work with our partners to deliver our various capacity development initiatives across the country. This is in addition to our various high-level partnerships with Nigerian universities and Nigerian lecturers to develop capacity and exchange of experience”, he added.

KELECHI EWUZIE