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TotalEnergies starts production from Nigeria’s Ikike field

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The development came a week after President Muhammadu Buhari unveiled the new Nigerian National Petroleum Company Limited

TotalEnergies, the operator of OML 99, announced Monday it has started oil production from Nigeria’s Ikike field.

The company in a statement published on its website said the project is in partnership with the Nigerian National Petroleum Company (NNPCLimited) with a share of 60 per cent.

The development came a week after President Muhammadu Buhari unveiled the new Nigerian National Petroleum Company Limited, a landmark event that officially changed the oil firm from a wholly state-run entity to a commercial oil company, limited by shares.

TotalEnergies is a multinational energy company operating in more than 130 countries. For over 50 years, the company has remained a leader in the downstream sector of the Nigerian oil and gas industry.

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The company had in May launched a sale of its minority stake in a Nigerian oil joint venture.

The company said it was selling its interest in 13 onshore fields and 3 in shallow water, producing over 20,000 barrels of oil equivalent per day.

The sale includes infrastructure such as 3,500 km of pipelines connecting to two key crude export terminals, Bonny and Forcados.

It said it wants to focus on deep-water fields away from the difficulties of operating in close proximity to local communities.

“Disruption of local communities are sources of great concern in the country,” Patrick Pouyanne, TotalEnergies chief executive officer was quoted by Bloomberg as saying on a conference call in April.

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Ikike

Located 20 kilometres off the coast, at a depth of about 20 meters, the Ikike platform is tied back to the existing Amenam offshore facilities through a 14 km multiphase pipeline. It will deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022.

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The Ikike project leverages existing facilities to keep costs low and is designed to minimise greenhouse gas emissions. Estimated at less than 4kg CO2e/boe, they will contribute to reducing the average carbon intensity of TotalEnergies’ upstream portfolio.

In addition, 95% of the hours were worked locally, the company said, noting that the jacket, as well as the topside modules, were entirely built and integrated by local contractors.

In his reaction, Senior Vice President Africa, Exploration and Production at TotalEnergies’, Henri-Max Ndong-Nzue expressed delight at the prospect of starting the project.

“TotalEnergies is pleased to start production at Ikike, which was launched a few months before the covid pandemic, and whose success owes a lot to the full mobilization of the teams,” he said.

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“By tapping discoveries close to existing facilities, this project fits the Company’s strategy of focusing on low-cost and low-emission oil projects.”

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Outrage as Ezendigbo of Ibadanland confers chieftaincy title on Olubadan

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There has been an uproar as a self-titled Ezendigbo of Ibadan land and Oyo state, Alex Anozie, conferred an Igbo chieftaincy title of Ezi ogo ukwu Ndigbo on the Olubadan of Ibadan land, His Imperial Majesty, Oba Senator Lekan Balogun.

Anozie, who conferred the award recently in Ibadan, explained that Ndigbo on January 29, 2023 made history by gathering together to launch their almanac besides using the opportunity to honour their beloved great in-law, His Imperial Majesty, Kabiyesi Olubadan, with an Igbo title, which means a very good and great in-law of Ndigbo.

He recalled that on December 4,2022 during their Igbo day celebration at Liberty stadium, Ibadan, Ndigbo conferred on their daughter, Her Imperial Majesty, Joyce Balogun with an Igbo Chieftaincy title of Ada Oma Ndigbo nala Ibadan and Oyo state.

Anozie observed that Kabiyesi Olubadan is married to one of their beautiful daughters of Igbo origin from Onitsha adding that the marriage is wonderfully blessed with beautiful children while the couple are living together peacefully all these years as husband and wife.

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“With the authority conferred on me by my people Ndigbo in Ibadan and Oyo state since the year 1997, I hereby confer this title on our dear Imperial majesty, Oba Lekan Balogun”, he declared, “Everything we can do to keep moving on with the peaceful and progressive manner Ndigbo and Ibadan people and indeed Yoruba have been living together in Nigeria, we shall continue to do and encourage.”

However, this didn’t not sit well with Yoruba scholars and elders as such title was seen as an insult on the throne of Olubadan and the Yoruba race in general. Many were of the opinion that the self acclaimed Igbo king, a guest in Ibadan, overstepped his boundary by giving a title to the Olubadan kingdom, his host.

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“Àyà gbàngbà nílé onílé, hábà . Àlejò conferring a title on the King on his own land! This shows how stupid we appear to have become! A mà wá r’ógo o. They are playing politics here but it is rude and we have to separate issues and disallow our revered Oba being disrespected. Ọba kii joyè n’ilẹ̀ tiwa. Nobody can confer Chieftaincy title on any of our Ọbas no matter how tiny his town his. This lady should be scolded and made to publicly denounce this nonsense and apologise to Kábíyèsí,” one wrote.

“Abomination. Even a prince don’t take chieftancy title from other king,” wrote another.

“One “Anozie confers chieftaincy title on Olubadan.” Meaning an Anozie (whoever he may be & wherever he may be from) conferred a chieftaincy title on the paramount ruler of Ibadan! Other than the audacity, it is even procedurally and ethically unheard of, for a paramount ruler (equivalent to a King) to now be subjected to the indignity of being regarded as a lesser Chief of whoever! Abomination buruku niyen now! That’s the height of indignity that can be visited on a King! Abi after King, wetin remain?! Conferring our Olubadan with another minor chieftaincy title is akin to subjugation. The “conferer” has essentially assumed authority over the “conferee”. It’s simple!

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“That someone would even think of doing it is one thing, that the person now actually has the gut and effrontery to actualise it is quite galling. Arinfin gba niyen! It is the worst of slight and an affront to the Stool.

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“How do you demote a paramount ruler (King) like Olubadan and now call him one of your chiefs?!

“There was and is nothing noble behind that intention! It was a deliberate act of mischief calculated to ridicule the symbol of the people of Ibadan. Plain and simple!

“Where else have you heard of such ridiculous conferment?! What is bad is bad please.

“If the Olubadan can’t run the culprit out of Ibadan, let him at least reject such brazen insult with extreme prejudice! Arrant Nonsense!” a lawyer submitted.

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“Èèmọ̀!” wrote one indignantly.

While response is being awaited from the Olubadan palace over the development, the Yoruba people are concerned about the implication of allowing such action to go unpunished.

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Standard Chartered executives visit Wema Bank (Photo)

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From left to right: MD/CEO, Wema Bank Plc, Moruf Oseni, Executive Director, Standard Chartered Bank Nigeria, Olukorede Adenowo and Deputy Managing Director, Wema Bank Plc, Wole Akinleye, during a courtesy visit, to discuss business opportunities between both financial institutions, at the Wema Bank Towers this week.

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“If No Be Because Of Your Papa, Who Sabi You” — Peter PSquare Drags Seun Kuti

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Peter PSquare drags Seun Kuti, says nobody would know him if not because of his father.

Nigerian music star Peter Okoye of the duo PSquare has called out singer Seun Kuti on his social media.

In the past few hours, Peter Okoye and Seun Kuti got into a social media clash over the upcoming elections in Nigeria.

One of Peter’s posts that has got people’s attention, however, is that where he mentioned that nobody would know Seun without his father, the legendary Fela Kuti.

‘If no be because of your papa, Abeg who Sabi you?’, Peter writes.

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See his post below:

In another post, he said Seun needs to learn how to comport himself from his nephew Made Kuti.

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