Total Upstream Companies in Nigeria, according to its Managing
Director/Chief Executive Officer, Total Upstream Companies in Nigeria, Guy Maurice, has invested about $10 billion
(N160 billion) in various oil and gas projects in Nigeria in the past five
years. The oil multinational is also planning to add about 350,000 barrels per
day capacity to the nation’s oil production within the next three years through
its Usan and Akpo oil fields. Maurice made this revelation while examining the
company’s operation in Nigeria, in its “Focus Nigeria”, and added that Total
has a bright future in Nigeria and would continue to invest in the country.
Maurice said the company has completed the full re-organization,
in order to be ready for the next phases which include the development of new
projects like Egina; completion of development of new projects such as OML58
upgrade, Ofon phase II.
The Total boss said the company has faced several challenges
operating in Nigeria, which it is well positioned to overcome. He said that there
among other challenges, Total’s employees know that from time to time they face
the challenge of abduction necessitating that the company ensures maximum
security for staff.
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