TotalEnergies has been rated the Upstream Company of the Year (2023) at the ongoing Nigeria International Energy Summit, NIES, in Abuja.
The announcement was made at the NIES 2024 Gala Dinner & Awards which took place on Tuesday, February 27 at the Presidential Banquet Hall, Abuja.
Obi Imemba, TotalEnergies Executive Director, Joint Venture Asset, received the award on behalf of the Managing Director/Country Chair, Matthieu Bouyer.
The award is a recognition by industry stakeholders of the pace-setting efforts of the company and acknowledgement of TotalEnergies continued efforts in providing more energy with less emissions in the company’s march to net zero by 2050.
It would be recalled that at an industry event in July 2023, the company announced its intention towards achieving Net-Zero in its operations by 2050, 10 years ahead of Nigeria’s target.
Wale Fayemi, TotalEnergies country advisor on multi-energies said, “TotalEnergies is changing its business models and strategy to produce low carbon energy. That is also why we changed our name in 2021 from Total to TotalEnergies to emphasise that we are a broad-based energy company to show that we are not only interested in oil and gas,” he said.
“In 2050, what’s going to happen is that we’re going to produce about 50 percent of our energy in the form of low-carbon electricity and about 25 percent of our energy will be decarbonised fuels in the form of biogas and hydrogen.”
“We at TotalEnergies are committed to reducing our carbon footprint which is why “our carbon neutrality goal is in 2050 – 10 years ahead of Nigeria’s which is 2060”, stated
Keeping true to its word, just before the end of 2023, TotalEnergies recorded a huge milestone, making it the first energy company in Nigeria to achieve zero routine flaring in all of its exploration and production activities in the country. The company is also collaborating with the NNPC Limited for improved environmental protection and emission reduction through its Methane Detection technology.
The Country Chair, TotalEnergies companies in Nigeria, Matthieu Bouyer led the Senior Leadership Team of both upstream and downstream, and other company staff to the conference.
TotalEnergies is a platinum sponsor of the 7th NIES that commenced on Monday February 26 and is expected to end by March 1, 2024.
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