*Committed to strengthening & deepening local capabilities
Abuja — French oil giant, TotalEnergies has announced that it has invested over $10 billion in the country, in the last few years.
Total’s Deputy Managing Director, Deepwater District, Victor Bandele, said this at the ongoing 20th Nigeria Oil and Gas Conference in Abuja, with the theme, Expanding the Nigerian Content Frontier through Intra-African Trade.
Represented by the Executive General Manager, Government Relations, Olalere Babasola, Bandele assured that Total remains committed to Nigeria and deepening local content in the country.
The Deputy Managing Director, disclosed that Nigeria alone accounts for 12 percent of Total’s equity production.
He also urged Nigeria and the NCDMB to export local content to other African countries through the African Continental Free Trade Area, AfCFTA.
“In the last few years alone, we have invested over $10billion in the country, through decades of executing and developing projects.
“We remain committed to investing in Nigeria because we believe in the potentials of Nigeria and Nigerians.
“The company has created jobs and developed human capacities in Nigeria, despite the challenging environment that we operate as a company.
“Total remains committed to Nigeria and Nigerians that is why we have been quite active in recent years even in the face of challenges and uncertainties, we completed Egina in 2018 and we have been progressing well in the development of Ikike project.”