Total Nigeria a subsidiary of the Total Sa Group has just made a remarkable oil discovery in the south east of the country which is the second of such discoveries.The discovery was at its Oil Mining Lease (OML) 102. OML 102 is operated by Total Nigeria with a 40% interest, alongside partner NNPC, which holds the remaining 60%.
The company has been operating in Nigeria for nearly 50 years and has accounted for 300,000 barrels of oil per day in 2010, and it's said the new oil discovery will increase the oil output in Nigeria as the years go by.
