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TotalEnergies (80%, operator), along with its companion South Atlantic Petroleum (20%), have signed the Manufacturing Sharing Contract (PSC) for the PPL 2000 and PPL 2001 exploration licenses offshore Nigeria, which have been awarded following the 2024 Exploration Spherical organized by the Nigerian Upstream Petroleum Regulatory Fee.
PPL 2000 & 2001, masking an space of roughly 2,000 sq. km, are positioned within the prolific West Delta basin. The work program consists of drilling one agency exploration nicely.
“TotalEnergies is honored to be the primary worldwide firm to be awarded exploration licenses in a bid spherical in Nigeria in additional than a decade, marking a brand new milestone in our long-term partnership with the nation,” mentioned Kevin McLachlan, Senior Vice-President Exploration at TotalEnergies.
“These promising block captures are absolutely aligned with our technique of strengthening our Exploration portfolio with drill-ready and excessive impression prospects, which have the potential for low-cost and low-emissions developments from new discoveries in our core areas of experience.”
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