Total Energies hint on $700 million gas project in Nigeria

 

French multinational energy company, TotalEnergies, has revealed plans to approve a $750 million dry gas development project (dubbed IMA) investment in Nigeria, with a potential go-ahead slated for 2025. 

This was revealed by Mike Sangster, TotalEnergies’ Senior Vice President for Africa, Exploration, and Production, during a France-Nigeria business forum in Paris as part of activities to mark President Bola Tinubu's state visit to France.

The project called Ima, is a shallow deep-water project being developed by Total Energies and Nigerian oil firm Amni International Petroleum Development. Ima is a producing conventional oil field located in block OML 112 (OPL 469) offshore Port Harcourt, with water depth of 656 feet.

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