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Topics  News & Markets

French oil firm Total SA announces work to boost oil production at offshore site near Nigeria

By The Associated Press  | February 07, 2012
In this March 11, 2009 photo, the Total logo is seen in Paris. THE CANADIAN PRESS/AP, Jacques Brinon
In this March 11, 2009 photo, the Total logo is seen in Paris. THE CANADIAN PRESS/AP, Jacques Brinon

LAGOS, Nigeria - French oil firm Total SA says it has begun work to boost the production of its Ofon offshore oil field near Nigeria.

The firm announced Tuesday that construction had begun on building four new platforms and four production platforms on the field about 40 miles (65 kilometres) off Nigeria's coast. The firm said that will boost production to 90,000 barrels of oil a day, up from 30,000 barrels. That also will allow the firm to collect natural gas from the site.

Total says the extra production there should start in 2014.

Total says its Nigerian subsidiary has a 40 per cent stake in the site, with the state-run Nigerian National Petroleum Corp. holding 60 per cent.

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