French supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of the company said at an industry event, adding the increase will come from the development of the Egina Deep project. “Our plan is to maintain aggressive exploration and appraisal wells-drilling to play a part in increasing the hydrocarbon resource base of the nation,” Ahmadu-Kida Musa said at the National Association of Energy Correspondents’ Conference. Total currently accounts for 15 percent of Nigeria’s total oil production, Musa also said, and despite the challenging environment in the West African nation, the French company remains committed to its projects there. The Egina field , which will be responsible for the production boost, was discovered in 2003 by Total, which partnered with Chinese CNOOC and Brazil’s Petrobras. Its development will have an estimated cost of US$16 billion and […]