TotalEnergies SE (NYSE:TTE), along with the Nigerian National Petroleum Corporation Ltd (NNPCL), is set to develop the Ubeta gas field in Nigeria. TotalEnergies is the OML 58 onshore license operator in Nigeria with a 40% interest. NNPCL holds a 60% stake. The OML 58 license project is situated around 80 km northwest of Port Harcourt in Rivers State and encompasses two fields currently in production: the Obagi oil field and the Ibewa gas and condensate field. The gas produced from OML 58 is processed ...