From the Field
Nigeria’s Egina field starts output
PARIS, January 2, 2019 – Total has put Nigeria’s Egina offshore field on stream, the super-major announced on Wednesday.
The field, whose eponymous FPSO is Total’s largest to date, is expected to produce 200,000 bopd once it becomes fully operational, the company statement added.
“Total is proud to deliver a project of this size under the initial budget and to contribute to the development of Nigeria’s oil and gas sector by generating employment as well as building industrial capability,” said Arnaud Breuillac, Total’s president for E&P. “Egina will significantly boost the group’s production and cashflow from 2019 onwards, and benefit from our strong cost reduction efforts in Nigeria, where we have reduced our operating costs by 40% over the last four years.”