Total to proceed with Ikike project offshore Nigeria
January 22, 2019 | Budget & Investment, Deepwater, Nigeria, Oilfield Services
London, UK |- French multinational oil and energy group Total will formally approve a decision to proceed with the Ikike project in the OML 99 licence offshore Nigeria. The company has earmarked the 60,000bpd Ikike project for a final investment decision (FID). Other projects earmarked for FID include the deepwater Preowei project, which will have a capacity of 70,000bpd and is expected to help Total increase its oil production. Total CEO Patrick Pouyanne was quoted by Reuters as saying: “There is a huge potential in …