…lists steps taken so far to achieve this
The company has therefore stated specific steps it has taken to achieve it target goal, these include investments in renewable energies, Investments in gas developments as gas will serve as transition energy, and Producing low emission oil as we eliminate routine gas flaring in our operations.
Another germane step it has taken is the establishment of a plastic recycling plant in Port Harcourt which eliminates about 750, 000 cubits of C02 annually, which is equivalent to planting 4,500 trees.
The company disclosed this at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos.
Mike Sangster, Managing Director, TotalEnergies EP Nigeria Limited, while speaking at one of the panels of discussions, stated: “We have made important investments locally in these areas and implemented several initiatives that are already impacting the Nigerian energy landscape positively.”
Some of these include:
- In recent years, our projects in Nigeria have been sanctioned with the objective of driving down our green-house gas emissions; and pursuing a zero-flare principle on all our new projects as is evident with OML58 Upgrade, Ofon Phase 2, Egina, and Ikike.
- Our investment in the NLNG from the beginning till now is partly derived from our commitment to the production of cleaner and better energy.
- Out of our over 530 service stations across the country, more than 112 have been solarized. It’s an ongoing programme and our target is to ensure that our stations become fully solarized. We have also deployed over 150 residential solar solutions across the country.
- Over 1.5 million people in Nigeria have been impacted from sale of 400,000 TotalEnergies solar lamps since 2013, according to Global Lighting Off-grid Association estimates. Worldwide, 10 million people have been impacted.
- Reduce routine flaring on operated facilities to less than 0.1Mm3/d by 2025, with the goal of eliminating it by 2030
- Gradually change the production mix towards more gas and LNG.
Responsive
- Maintain our competitive advantage on technical costs, and getting the maximum from our assets through operational excellence
- Deliver projects on time and within budget. New projects must be compliant with low carbon footprint.
Resilience:
- Capitalize on our strength:
o Strong legacy positions in Africa, Middle East, and Northern Europe.
o Areas of technical excellence in deep and conventional offshore, and LNG.
- High-grade asset portfolio through a dynamic portfolio management, getting maximum benefits from short-cycle investments.
On operational efficiency, he said: “Increase profitability by finding new resources, optimize the design to conform to lower operational cost, and improve performance through digital and automation of our processes.
Improving our asset operational efficiency is the immediate and perhaps economical, first step adapted in reducing emissions in our portfolios. Process efficiency reduces repeated production interruptions, process restart and the resultant gas flaring/venting required to safely depressurize our upstream facilities during emergency shutdowns.
Speaking on new products he said, it requires that the company explore differentiated products to support new business opportunities with regards to polymers, lubricants, fluids, and fuels as well as support the diversification in base chemicals.
As for low carbon mix, he said that the company has been intensifying efforts low carbon intensity of energy, covering the gas and LNG value chain, renewable.