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    Home > Blog > TotalEnergies Achieves Over 94% Local Content

    TotalEnergies Achieves Over 94% Local Content

    Goli InnocentBy Goli InnocentDecember 6, 2024 Downstream Sector No Comments2 Mins Read
    TotalEnergies (Petroleumprice.ng)
    TotalEnergies Achieves Over 94% Local Content(Petroleumprice.ng)

    TotalEnergies Nigeria has set a benchmark in the oil and gas sector by achieving over 94% local content in its operations, underscoring its commitment to supporting Nigeria’s economic development. The milestone was highlighted during recent discussions about the company’s initiatives to bolster domestic capacity across its projects.

    A Commitment to Localisation

    TotalEnergies’ achievement reflects its dedication to complying with Nigeria’s Local Content Act, which mandates significant participation of indigenous companies and workforce in the oil and gas industry. Over 90% of the man-hours involved in its projects, such as the Ubeta gas field development, were executed locally. This approach not only reduces project costs but also builds sustainable technical expertise within the country.

    Major Projects Supporting Local Content

    Projects such as the Egina and Ikike fields have been structured to avoid routine gas flaring, integrate renewable energy components, and maximise the use of local contractors. The Ubeta project, for instance, employs advanced technologies like solar-powered rigs to minimise emissions while engaging Nigerian businesses and workers at every stage of development. These efforts align with TotalEnergies’ broader strategy to support low-carbon initiatives while enhancing local expertise.

    Community Development Initiatives

    Beyond operational achievements, TotalEnergies has made significant investments in Corporate Social Responsibility (CSR). Initiatives include the construction of solar-powered water treatment plants, the provision of hybrid solar power systems for universities, and the inauguration of state-of-the-art secondary school facilities in various states. These projects address gaps in education, healthcare, and clean water access, aligning with the United Nations Sustainable Development Goals (SDGs).

    Recognition and Future Plans

    The Nigerian government has lauded TotalEnergies for being a reliable partner in energy development. The company’s commitment to local content is seen as a critical driver of job creation and economic resilience. Going forward, TotalEnergies plans to deepen its investments in Nigeria, including the Bonga North Offshore project and other collaborative ventures with NNPC and Shell.

    This milestone by TotalEnergies showcases the potential of strategic public-private partnerships in driving sustainable development in Nigeria’s energy sector, fostering economic growth while addressing global sustainability goals.

    NNPCL Shell TotalEnergies
    Goli Innocent
    Goli Innocent

      Goli Innocent Goli Innocent is an energy journalist and digital strategist covering Nigeria’s downstream oil sector. He delivers real-time analysis on logistics, pricing, and policy for platforms and stakeholders.

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