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TotalEnergies secures licence extension for OML 130 (Nigeria)

The Nigeria National Petroleum Company (NNOC) has renewed the Oil Mining Lease 130 (OML 130), with TotalEnergies (24%, operator), China National Offshore Oil Corporation (CNOOC, 45%), Prime 130 (16%) and South Atlantic Petroleum (Sapetro, 15%). Located 150 km off the Nigerian coast, the OML 130 block contains the Akpo and Egina fields that came into production in 2009 and 2018 respectively. In 2022, production amounted to 282,000 boe/d, and nearly 30% of this production was gas sent to the Nigeria LNG plant. The production start-up from Akpo West, a short-cycle project, is expected by the end of 2023. In addition, OML130 contains the Preowei discovery, to be developed by tie-back to the Egina FPSO. The 20-year extension pave the way for the FEED studies of the Preowei tie-back project.