Oil
TotalEnergies highlights long-term Nigerian operations at NAEC conference
TotalEnergies reaffirmed its commitment to Nigeria's energy sector at the 2026 NAEC conference, pointing to recent final investment decisions and low-emission gas projects.
Key points
- TotalEnergies marked 70 years downstream and 67 years upstream in Nigeria.
- The company highlighted recent final investment decisions for the Ubeta and IMA gas projects.
- Both gas developments incorporate zero routine flaring and advanced methane monitoring.
Commitment to Nigeria
TotalEnergies EP Nigeria Limited has restated its dedication to the country's energy industry, noting its decades of operation as both a downstream and upstream provider. Speaking in Lagos at the Association of Energy Correspondents of Nigeria annual event, company representative Senan Murray emphasized the value of dialogue between energy firms and journalists in shaping public understanding.
The conference gathered regulators, international energy companies, local operators, and electricity sector stakeholders to discuss divestment patterns, asset access, and operational changes across the Nigerian energy landscape.
Recent Investments
According to Majorwaves Energy Report, Murray pointed to two significant investment decisions made within a short timeframe as proof of returning investor confidence. Following the June 2024 agreement with the Nigerian National Petroleum Company Limited for the Ubeta development, the firm approved the IMA gas project investment shortly before the conference.
Murray described the operating environment as favourable for business growth and anticipated further developments in the near future.
Emissions and Sustainability
Addressing environmental targets, the company stressed its approach to expanding energy output while reducing emissions. The Ubeta and IMA projects are designed without routine gas flaring, benefiting from governmental incentives for non-associated gas.
Additionally, TotalEnergies collaborates with NNPC to track methane emissions through proprietary AUSEA technology, aiming to maintain strict control over site operations.
Original reporting
This article draws on the following reports. Read them in full on the publishers’ sites.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Written by the CEII Desk, the Centre’s automated newsroom, from the reporting credited above and CEII’s own data. Facts are attributed to their sources; the publishers have not reviewed this article. Spotted an error? Tell our editors.