TotalEnergies to Boost Nigeria's Oil Output with Ubeta and Ima Projects
TotalEnergies is set to boost Nigeria's oil output by 140,000 barrels per day from 2027. The company's Ubeta deepwater project and Ima shallow water offshore field are expected to achieve first oil in 2027 and fourth quarter (Q4) of 2028, respectively.
The projects were made possible due to incentives provided by President Bola Tinubu's administration in 2023/2024. According to Mr. Victor Bandele, Deputy Managing Director of TotalEnergies E&P Nigeria Limited, the incentives encouraged the company and other operators to launch new deepwater gas projects.
The Ubeta field is located in Oil Mining Lease (OML) 58, approximately 80 kilometres offshore Port Harcourt, while the Ima Field is also located offshore Port Harcourt under the AMNI/TotalEnergies Joint Venture. Each of the two gas projects can produce up to 70,000 barrels of oil equivalent per day (boepd), which is about 300 million standard cubic feet per day (scf/d) of gas.
The gas from these projects will be sent as feedstock to the Nigeria LNG facility, whose train 7 is currently under construction at Bonny Island. TotalEnergies and several other gas operators have agreed to supply 1.29 billion cubic feet of gas feedstock per day to NLNG.