French oil and gas major TotalEnergies has announced a 20-year renewal of the production license of the offshore Nigerian block OML130 in the Gulf of Guinea.
In December 2018, TotalEnergies, then known as Total, began production from the Egina oil field, which is located in water depths of nearly 1,600m.
According to the French oil and gas firm, in 2022, production from the OML130 block was 282,000 barrels of oil equivalent per day (boe/d). Of this, around 30% was gas, which was transported to the Nigeria LNG plant, thereby contributing to the energy security of Europe.