TotalEnergies has kicked off a major, delayed drilling campaign on its Egina field offshore Nigeria in a bid to avert a further precipitous collapse in output at the country’s most important oilfield.
Between January and December 2022, oil production from Egina plunged 28% from about 151,000 barrels per day to almost 109,000 bpd, according to data from the Nigerian government.
At the end of last year, Egina remained Nigeria’s biggest oil producer, but was very close to being surpassed by Shell’s Bonga field.