TotalEnergies to invest $6 billion in Nigeria’s energyindustry

The company disclosed that its CEO, Patrick Pouyanne engaged in discussions with Nigerian President Bola Tinubu and formalized a cooperation agreement with Nigeria’s state oil firm, NNPC Ltd.

The agreement outlines plans to conduct methane detection and measurement campaigns using TotalEnergies’ cutting-edge drone-based AUSEA technology on various oil and gas facilities in Nigeria.

According to Pouyanne Nigeria was “very important” for Total Energies, accounting for 8 to 10 per cent of the company’s worldwide total production and over 18 per cent of its global investment.

Source: Business Insider Africa

Read more: https://africa.businessinsider.com/local/markets/french-energy-
giant-totalenergies-to-invest-dollar6-billion-in-nigerias-energy/n1jyltl

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