TotalEnergies sells $510m stake in Bonga Field to Shell

TotalEnergies has agreed to divest its 12.5 per cent non-operated interest in Nigeria’s deepwater Bonga Field under the Oil Mining Lease (OML) 118 Production Sharing Contract (PSC) to Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for $510 million, in a move reflecting its broader portfolio shift towards low-cost, low-emission assets.

Waliat Musa

Latest news today on TotalEnergies

TotalEnergies sells $510m stake in Bonga Field to Shell

TotalEnergies to sell 12.5% stake in OML118 to Shell for $510m

Group partners TotalEnergies Foundation on safe mobility

Uncertainty clouds oil production despite $20.5b new projects

TotalEnergies shows resilience amid fuel subsidy removal

TotalEnergies shareholders okay N13.5 billion dividend

Worry for Federal Government, states as oil prices drop to $60

TotalEnergies affirms growth momentum with $4.2b Q1 profit

TotalEnergies profits drop as prices slide

How Africa can leverage Trump’s return to boost oil investment

NCDMB links $5.5b oil investments to NOGOF, pushes for African partnerships

TotalEnergies empowers host communities with value-driven CSR initiatives

France launches manslaughter probe against TotalEnergies over Mozambique attack

Lokpobiri: Tinubu’s Executive Orders driving oil production boost

Carloha partners TotalEnergies to deliver vehicles

Halt Shell, TotalEnergies' divestments, Reps tell FG

TotalEnergies reduces low-carbon investments as profit falls

How Nigerian oil firms are rewriting Africa’s energy future

TotalEnergies, Sahara, 15 others win 25 oil blocks in 2024 bid

Oriire abduction: Oyo probe panel seeks public evidence as DSS releases artisan

Obasanjo, Jonathan, others seek overhaul of Nigeria’s democracy, governance structure

Air Peace vs Unions: Chaos as passengers, airlines suffer losses from over 80 cancelled flights

Delta govt suspends commissioner over links to alleged assault on governor’s aide

The News You Need, Delivered To You.