- Bonga North Offshore project
- Joint ventures with Shell Petroleum Development Company and the Nigerian National Petroleum Company Limited
Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, has reassured investors of the government’s commitment to creating a conducive environment for business growth in the energy sector. This assurance was made during a meeting with Total Energies’ President, Nicolas Terraz, in Abuja.
The government’s efforts to provide a stable and investment-friendly climate have impressed Total Energies, prompting the company to explore further investments in Nigeria. Terraz expressed satisfaction with the government’s progress, highlighting opportunities in the Bonga North Offshore project and joint ventures with Shell Petroleum Development Company and the Nigerian National Petroleum Company Limited.
These projects have received board approval and are expected to be finalized by the end of the year. Lokpobiri commended Total Energies for its long-standing partnership in Nigeria’s oil and gas sector and assured the company of the government’s unwavering support.
Government Support:
- Addressing challenges that previously hindered investments
- Welcoming more investments in the oil sector
- Ensuring Nigeria remains a competitive and secure destination for global energy investments
The Minister emphasized the importance of creating an environment where investors can confidently expand their operations. He reaffirmed the government’s readiness to facilitate more investments in the oil sector, acknowledging the critical role of strategic partnerships with companies like Total Energies in sustaining growth and development.
