- The field is projected to reach a peak production capacity of 50,000 barrels of oil equivalent per day.
TotalEnergies and NNPC have announced the commencement of production from the Ikike field in production licence 99 (OML 99) in Nigeria. The company operates the OML99 licence with a 40 per cent stake, while the Nigerian National Petroleum Corporation (NNPC) owns the remaining 60 per cent interest.
Situated 20km off the coast and at a water depth of approximately 20m, the Ikike platform is tied back through a 14km multiphase pipeline to the existing Amenam offshore facilities. The field is projected to reach a peak production capacity of 50,000 barrels of oil equivalent per day (boepd) by the end of this year.
According to TotalEnergies, the project uses existing facilities to reduce costs. It is also designed to reduce greenhouse gas emissions.
TotalEnergies Africa exploration and production senior vice-president Henri-Max Ndong-Nzue stated, “TotalEnergies is pleased to start production at Ikike, which was launched a few months before the Covid pandemic, and whose success owes a lot to the full mobilisation of the teams. By tapping discoveries close to existing facilities, this project fits the company’s focus on low-cost and low-emission oil projects.”
TotalEnergies has been present in Nigeria for more than 60 years and employs over 1,800 people across different business segments.