Large IOCs have cooled on upstream Nigerian investments in recent years
TotalEnergies starts production at new Nigerian field
Ikike indicates IOCs are still willing and able to develop the right projects in Nigeria’s upstream
TotalEnergies has started production at the Ikike shallow-water field offshore Nigeria and expects to reach peak output of 50,000bl/d oe by the end of this year. Ikike is 20km off the coast in water depths of 20m. It is tied back to the existing Amenam offshore facilities, reducing capex. The use of existing infrastructure “fits the company’s strategy of focusing on low-cost and low-emission oil projects”, says Henri-Max Ndong-Nzue, senior vice-president for Africa, exploration and production at TotalEnergies. The field’s emissions are estimated to be less than 4kg CO₂e/bl oe. 50,000bl/d oe – Production capacity Ikike is part of the TotalEnergies-operated (40pc) OML 99 licence, the r
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
