Total is working on sanctioning the development of its Preowei project in Nigeria in 2019.

The French firm’s plans were revealed by the MD of Total E&P Nigeria, Nicholas Terraz, who was represented by Alex Aghedo, Coordinator, Contracts & Procurement and Nigerian Content, Total Upstream Companies in Nigeria while speaking at the 2019 Nigeria Oil & Gas Opportunity Fair in Yenegoa.

Aghedo said that the company will make the FID on the Preowei project this year if everything goes according to plan. Preowei oil field is located on OML 130, about 25 km North of Egina field in water depths of 1,150 meters.

Preowei is the third producible field on OML 130, the other two are the Akpo and the Egina.

Selected by SPTEC Advisory from Petroleum Africa