An FPSO oil production vessel. (Source: Shutterstock)
TotalEnergies’ deepwater Akpo West Field has begun producing to the existing Akpo FPSO offshore Nigeria, the company announced Feb. 7.
Akpo West is in the PML2 license and produces to an FPSO in the deepwater OML130 Block, the production license TotalEnergies renewed for 20 years in May 2023.
The Akpo Field began production in 2009 and produced 24,000 boe/d in 2023. The Akpo West subsea tieback is expected to add 14,000 bbl/d of condensate by mid-2024, followed by up to 4 MMcm/d of gas by 2028.
TotalEnergies operates PML2 with 24% interest on behalf of partners CNOOC with 45%, Prime 130 with 16%, Sapetro with 15% and the Nigerian National Petroleum Company Ltd. as the concessionaire of the production sharing contract.
TotalEnergies Upstream Nigeria Ltd. operates OML 130 with a 24% interest on behalf of partners CNOOC with 45%, Sapetro with 15%, Prime 130 with 16% and the Nigerian National Petroleum Company Ltd. as the concessionaire of the PSC. Africa Oil has an effective 8% interest in OML 130 through its 50% shareholding in Prime Oil & Gas Coöperatief.
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