TotalEnergies has agreed to sell its 12.5% nonoperated interest in the OML 118 production sharing contract (PSC), containing ...

The stake increases Shell’s interest in the deep-water Bonga field to 67.5% from 55%.

French oil major TotalEnergies has announced diversification of key stake in a prolific oil producing asset to Shell.

Through the deal, Shell would acquire TotalEnergies’ 12.5% stake in the production sharing contract, which includes Bonga ...

Shell has acquired TotalEnergies’ 12.5% stake in Nigeria’s Bonga oilfield for $510 million, boosting its holding and ...

TotalEnergies (TTE) has announced that its subsidiary, TotalEnergies EP Nigeria (TEPNG), has executed an agreement with Shell ...

Shell’s purchase of TTE’s 12.5% participating interest in the Bonga field aligns with its strategy of focusing on deepwater and offshore operations in Nigeria. Energy Transfer is a midstream ...

TotalEnergies signed a deal to sell its 12.5 percent stake in Nigeria's OML118, which contains the producing Bonga field, to ...

BAKU, Azerbaijan, May 29. Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, has signed an ...

The French firm is withdrawing from a production-sharing agreement that the Nigerian state signed in 2021 with TotalEnergies, ...