The Federal Government has restated its determination to revive inactive and untapped energy assets as a key component of its strategy to enhance national oil and gas production.
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, Ph.D, made this known during a recent visit to TotalEnergies’ global headquarters in Paris and its Research and Development Centre in Pau, France.
“Unlocking dormant fields is not optional—it is vital to our energy security and economic growth,” the minister said, stressing the urgency of tapping into idle resources to drive national development.
The visit, conducted at the invitation of TotalEnergies, was part of broader engagements with key industry operators and policy stakeholders, according to a statement issued by Nneamaka Okafor, Special Adviser on Media and Communication to the Minister.
It comes as TotalEnergies prepares to unlock several assets, including blocks awarded in the most recent bid round as well as previously-held fields.
Senator Lokpobiri emphasized that President Tinubu has issued a clear and unequivocal directive for all industry players: “Mr. President has made it explicit, operators must reactivate dormant assets.”
As policy maker and supervisor to regulatory bodies, the Ministry of Petroleum Resources is actively supporting this national mission. The Minister added: “We are driving this mission with every dedication required, and I am glad to see TotalEnergies taking the bold steps to unlocking their inactive and untapped assets.”
During the Pau visit, the Minister was briefed in the institute’s Smart Room and support centre, where state-of-the-art exploration and monitoring technologies were demonstrated. Later, at TotalEnergies’ Paris headquarters, discussions focused on regulatory frameworks and operational support aimed at easing the company’s unlocking of selected assets.
Nicolas Terraz, Group President E&P, TotalEnergies, commented: “We welcome Nigeria’s firm regulatory backing. Our commitment is to deploy our technical expertise and capital to restart production in these strategic assets.” He continued: “Our engagement today highlights a shared determination: boosting energy output for mutual benefit.”
The Federal Government remains resolute in ensuring that operators like TotalEnergies receive all necessary policy, financial, and technical facilitation. The revitalization of inactive assets is central to Nigeria’s energy agenda – promoting job creation, strengthening revenue, and securing energy sovereignty.
Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.
