Nigeria: Total Commences U.S.$15 Billion Egina Project

[Vanguard]Total SA has commenced the development of the $15 billion (N2.4 trillion) Nigeria's offshore Egina field as part of its plan to boost production. The company said first oil from the field, which is part of the Oil Mining Lease, OML 130, is expected at the end of 2017, with output reaching 200,000 barrels of oil a day.