deal . The vessel’s arrival is part of a $16 billion project by Total on the Egina field, the French company told AFP. Egina lies 150 kilometers from Nigeria’s southeastern coast and was first discovered by a consortium that included Total back in 2003. By the end of this year, output should be at 200,000 bpd—representing a full 10 percent of national production. The ship is not ready to begin producing just yet. There are a few more modules on the way that will enhance the vessel’s capabilities. “This is a gigantic project that will do good in Nigeria, where production has peaked at about two million barrels per day,” Benjamin Auge, associate researcher at the French Institute of International Relations, said. Offshore projects do not face the same threats from Niger Delta militant groups that onshore ones do. Though the militias were largely inactive in 2017, the groups […]