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    MarketForces Africa » MarketForces News » TotalEnergies’ Ubeta Project to Boost Nigeria’s Gas Ambitions

    TotalEnergies’ Ubeta Project to Boost Nigeria’s Gas Ambitions

    Olu AnisereBy Olu AnisereJuly 8, 2025 News No Comments3 Mins Read
    TotalEnergies’ Ubeta Project to Boost Nigeria’s Gas Ambitions
    Matthieu Bouyer, Country Chair
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    TotalEnergies’ Ubeta Project to Boost Nigeria’s Gas Ambitions

    TotalEnergies says it is committed to supporting Nigeria’s energy goals with the Ubeta gas field project in the OML 58 onshore license in Nigeria, currently in its execution phase.

    The Country Chair of TotalEnergies in Nigeria, Matthieu Bouyer, who spoke in Abuja, said the project would deliver a plateau of around 70,000 barrels of oil equivalent per day including condensates.

    He said it was a significant contribution to Nigeria’s gas development ambitions. “The 70,000 bpd from Ubeta is a major milestone, and first gas/commissioning is expected by 2027.”

    Bouyer expressed gratitude to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and Nigerian National Petroleum Company Limited (NNPC Ltd.) for their continued support, which he said had positioned TotalEnergies ahead.

    According to the country chair, the TotalEnergies IMA field, located within the OML112 and 117 under the AMNI/TEPNG Joint Venture 15km off the southeast coast of Nigeria, is expected to get its Final Investment Decision (FID) in 2026.

    He said that the project was currently at Front End Engineering Design (FEED) Phase and the gas field had a plateau of around 70,000 barrels of oil equivalent per day similarly to Ubeta.

    Bouyer highlighted the company’s recent achievements, including a discovery in Ntokon two years ago, which was progressing towards development as well as the acquisition of additional new oil blocks in the past year.

    On innovation and sustainability, Bouyer underscored TotalEnergies’ commitment to cleaner operations. “We are deploying more advanced technology than ever to extract more oil and gas with fewer emissions.

    “For instance, we use drone-based Airborne Ultralight Spectrometer for Environmental Application (AUSEA) technology on our upstream operations to detect methane leaks.

    “We are also in partnership with NNPC Limited on this initiative; we are here to support Nigeria, and we are doing it sustainably,” he said.

    According to Bouyer, the firm adopts an integrated approach to energy, from exploration to retail, and its active role in the domestic gas market, particularly through its stake in NLNG Train 7.

    He said that while TotalEnergies’ renewable energy footprint in Nigeria was still modest, it remained a growing area of focus.

    Bouyer, however, said its strategy of More Energy, Less Emissions was guiding all the company’s operations in Nigeria and aligned with the Federal Government’s policies and programmes. #TotalEnergies’ Ubeta Project to Boost Nigeria’s Gas Ambitions – Country Chair Money Market Rates Spike over Banking System Liquidity Squeeze

    Matthieu Bouyer UBETA
    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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