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Nairaland Forum / Nairaland / General / Business / Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year (5027 Views)
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Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by alphonsojaybaz: 6:51am On Aug 03, 2017 |
TOTAL TO BOOST NIGERIA’S OIL OUTPUT BY 200,000 BPD NEXT YEAR source : http://www.eyesoflagos.com/2017/08/total-to-boost-nigerias-oil-output-by.html Total oil yesterday said that it would boost Nigeria’s daily oil production by 200,000 barrels from 2018. Managing director of Total upstream, Mr Nicolas Terraz said that the additional barrels would come from the company’s multi-billion dollar Egina Field Development. Executive director, Corporate Affairs and Services of Total, Mr Biodun Afolabi, spoke on behalf of Terraz at the on-going 2017 Nigerian Annual International Conference and Exhibition of the Society of Petroleum Engineers in Lagos Eyes Of Lagos gathered that, According to the chief executive officer, the Egina Field Development will come on stream in 2018. The managing director, who made the disclosure at the, restated the company’s unflinchingly commitment to the future of Nigeria. “The company is at present along the value chain from upstream to the downstream sector where Total is a leader, with close to 550 service stations across the length and breadth of Nigeria. In the last five years, the Total Group has invested US$10 billion in the Nigerian oil and gas sector. “Today, we have expertise and strong positions in the onshore, offshore and deep offshore. Our Egina Field Development, which is near completion, is expected to add 200,000 barrels per day to Nigeria’s output, when it comes on stream in 2018,’’ he said. Meanwhile, contrary to the reports of its indebted to the Nigerian National Petroleum Corporation (NNPC) and Petroleum Products Marketing Company (PPMC), Total Nigeria Plc, said it was not and never indebted to both entities, outside the ordinary course of business.
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Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by GloryCardinal(m): 7:09am On Aug 03, 2017 |
Total still remain number 1 in Africa anyway am looking for this phone if anyone has or have someone that is selling should call me on 07067792772 neat one
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Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by tonio2wo: 7:13am On Aug 03, 2017 |
Make una com employ me jooo! 2 Likes |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by donestk(m): 7:13am On Aug 03, 2017 |
Thank God for niger delta region....... Catering for one Nigeria. 1 Like |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Saintbonnie(m): 7:15am On Aug 03, 2017 |
Other counties are banning petrol cars for hybrid but Nigeria is busy intensifying efforts to increase oil production. |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by seunny4lif(m): 7:16am On Aug 03, 2017 |
donestk:Our oyel 2 Likes
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Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by three: 7:17am On Aug 03, 2017 |
donestk: Sadly. This is why some traditional rulers get additional N700m houses in Abuja and why some ex-governors collect salary as pension 4 Likes |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Nobody: 7:26am On Aug 03, 2017 |
The exploitative extraction are in the 'savage jungles' of the Niger Delta but the value added events can only be held in somewhere 'safe'. Before there can be meaningful peace, justice must be served. 5 Likes |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by donestk(m): 7:28am On Aug 03, 2017 |
Oyel is not the future boostdom: 1 Like |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by KayDEAN(m): 7:38am On Aug 03, 2017 |
Let them be boosting, we need more fuel in Nigeria, Check out my signature to set up a foreign phone number for only 4500naira to call and text anybody internationally freely without any monthly maintenance fee |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by potbelly(m): 7:39am On Aug 03, 2017 |
. |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Tobilastik(m): 7:42am On Aug 03, 2017 |
Any Laravel expert here? Mention me or PM me |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Oildichotomy(m): 7:52am On Aug 03, 2017 |
If this news had emanated from the leaking mouths in AsoRock, I would have come hard on them. I won't bite if Total (a core capitalist) does this to boost their revenues. This is not good news for Nigeria and no nitwit dumbohead sycophant should spin the profiteering direction of Total to mean anything |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Nobody: 7:53am On Aug 03, 2017 |
three: Exactly, Oil is the black Man's Aztec's gold |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Nobody: 7:57am On Aug 03, 2017 |
I don't see how this is good news. More money to be shared by the useless govt in Abuja. The govt is the problem of Nigeria, not any tribe. Can't get power output up to 10kMW in 57 years of existence. I'm out!!!! |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Nobody: 7:58am On Aug 03, 2017 |
These oil companies are researching and funding renewable energy with oil profits. 9ja is just sharing. In 2050 only knws hw 9ja go b 1 Like |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by medolab90(m): 8:11am On Aug 03, 2017 |
K |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by IdeyFindWife: 8:16am On Aug 03, 2017 |
boostdom: Tell them! Their words are often placatory but their actions show that even if they export $1Mbpd; we Niger Deltans wld still get shortchanged. That...is set to change! |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Nobody: 8:25am On Aug 03, 2017 |
IdeyFindWife: You see, it's the slow knife... the knife that takes its time, the knife that waits years without forgetting, then slips quietly between the bone's legs... that's the knife that cuts the deepest. 1 Like |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by mrvitalis(m): 8:48am On Aug 03, 2017 |
This project is a dep see project This will give the government extra 304 billion at least a year without tax Can we just use this to give soft loans (2% per year ) to graduates with their certificates submitted back to their school as collactaral ? Say 2m to 10m loan depending on business plan but should be around producing what we import now or producing something we can export Close to 50,000 businesses can be created every year and this can created over 500000 new jobs every year directly Or we can use this money to fix our rail system or our ports or transmission lines and gas supply lines so out electricity production can reach 12mw in a year ( we have the instealed capacity already ) All I am saying we need this money to be used for what we can see |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by chloride6: 10:58am On Aug 03, 2017 |
Egina baby!! |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by Originality007: 1:49pm On Aug 03, 2017 |
is that y dey keep sacking their staff any how? |
Re: Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year by sematec(m): 6:57pm On Aug 03, 2017 |
that's over a trillion naira in a year . At the end nothing come out |
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