By Obafemi Oredein

Dow Jones Newswires


IBADAN, Nigeria--Nigerian National Petroleum on Wednesday said that oil production has commenced from the Akpo West Field operated by TotalEnergies.

Nigerian National Petroleum said the field would add 14,000 barrels a day of condensate to the West African country's production to be followed up by the production of about 4 million cubic meters of gas a day.

Located offshore, Akpo West is one of the discoveries on Petroleum Mining Lease 2 with proximity to the Akpo main which started in 2009 and produced 124,000 barrels of oil equivalent a day in 2023, Nigerian National Petroleum said.

It said PML 2 is operated by TotalEnergies, in partnership with CNOOC, Seprato, Prime 130 and the NNPC Ltd. as the concessionaire of the Production Sharing Contract.


(END) Dow Jones Newswires

02-07-24 1914ET