French energy giant TotalEnergies SE is poised to invest $750 million in a new gas project in Nigeria, a move reflecting renewed investor confidence in the nation's oil and gas sector. This follows President Bola Tinubu’s robust policy reforms aimed at revitalizing hydrocarbon production. Mike Sangster, TotalEnergies’ Senior Vice President for Africa, announced the potential project at a France-Nigeria business forum in Paris. The shallow-water gas project, Ima, will boost supply to Nigeria’s LNG facilities, complementing the company’s $500 million Ubeta field investment earlier this year. Since assuming office, Tinubu has prioritized regulatory efficiency and introduced tax incentives to attract $10 billion in deep-water gas investments. Sangster commended these measures, expressing optimism about Nigeria's ability to increase production and solidify its leadership in the global energy market.