TotalEnergies Ubeta 300 capacity gas facility to create thousands of jobs – FG
The Nigerian Content Development and Monitoring Board (NCDMB), says the execution of the Ubeta Field Development Project by TotalEnergies Exploration and Production Nigeria Limited and the Nigerian National Petroleum Company Limited (NNPCL) will create thousands of jobs in the country and catalyse the economy. The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, who […]
The Nigerian Content Development and Monitoring Board (NCDMB), says the execution of the Ubeta Field Development Project by TotalEnergies Exploration and Production Nigeria Limited and the Nigerian National Petroleum Company Limited (NNPCL) will create thousands of jobs in the country and catalyse the economy.
The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, who stated this at the signing of the Final Investment Decision (FID) by the project promoters and their contractors, said the approval of the final stages of the Nigerian Content Plan for this project” was one of the first acts he performed on his assumption of duty in December 2023.
The Ubeta Field Development Project is being developed under Oil Mining Licence (OML) 058, with an expectation to produce 300 million standard cubic feet of gas per day (mmscfd) billed to commence production in 2027.
The Ubeta Field facility, located about 80 kilometres northwest of Port Harcourt, Rivers State, would feed and secure gas supply to the Nigeria Liquefied Natural Gas (NLNG) Train-7 Project at Finima, Bonny Island, currently undergoing capacity expansion from 22 to 30 metric tonnes per annum (mtpa).
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He based his projection on the Nigerian Content Plan and other documents the NCDMB had signed off with the operator, TotalEnergies E&P, noting that the documents were designed to achieve substantial tonnages, man-hours, and spend retained in-country.
“The project will also enable capacity utilization and substantial human capacity development (HCD), Research and Development as well as opportunities for banking, insurance, legal, and other services,” he assured.
Engr. Ogbe, represented by the General Manager, Corporate Communications and Zonal Coordination, Esueme Dan Kikile, Esq, reiterated that the NCDMB has effectively aligned its processes “to shorten the oil industry’s contracting cycle to six months or less to engender speedy development of new projects, contribute to increased oil production, and improve the national economy.”