Nigeria: Production starts at the Akpo West field offshore Nigeria.

TotalEnergies and its partners have started production from the Akpo West field on the PML2 permit in Nigeria.

Located 135 kilometers from the coast, Akpo West is connected to the Akpo floating production, storage and offloading (FPSO) facility, which started up in 2009 and produced 124,000 barrels of oil equivalent per day in 2023.

By mid-2024, Akpo West will add 14,000 barrels of condensate production per day, followed by up to 4 million cubic meters of gas per day by 2028.

The Akpo West development leverages existing Akpo facilities to keep costs low and minimize greenhouse gas emissions. The carbon intensity of the project is expected to be less than 5 kg CO2e/boe and will contribute to reducing the average carbon intensity of TotalEnergies' portfolio.

"After Ikike in 2022, TotalEnergies is pleased to start production from another tie-in project in Nigeria, Akpo West, which will help maintain production from existing Akpo facilities by developing additional resources nearby.

"This project is in line with the company's strategy of developing low-cost, low-emissions projects. This project builds on TotalEnergies' strong footprint in Nigeria and will quickly bring value to the country, TotalEnergies and its partners," said Mike Sangster, Senior Vice President Africa, Exploration and Production at TotalEnergies.

TotalEnergies is the operator of PML2 with a 24% stake, in partnership with CNOOC (45%), Sapetro (15%), Prime 130 (16%) and the Nigerian National Petroleum Company as PSC concessionaire.