TotalEnergies has agreed to sell its 12.5% nonoperated interest in the OML 118 production sharing contract (PSC), containing the Bonga field, to Shell Nigeria Exploration and Production Company ...

The Bonga field is located within the OLM118 production sharing contract (PSC) offshore Nigeria, around 120 kilometers to the south of the Niger Delta. Shell Nigeria Exploration and Production ...

Shell Nigeria Exploration and Production Company (SNEPCo) is acquiring a 12.5% stake in a Nigerian oilfield from ...

After the deal is completed, Shell will increase its stake in the OML 118 lease to 67.5% from 55%. Production from the Bonga field began in 2005, with a capacity to produce 225,000 barrels of oil ...

increasing its interest in the country’s deep-water Bonga field. Shell said Thursday that it will buy TotalEnergies’ 12.5% stake in the oil field by purchasing its portion of the production ...

French oil major TotalEnergies has announced diversification of key stake in a prolific oil producing asset to Shell. The company said on Thursday it agreed to sell its 12.5 per cent stake in the ...

“TotalEnergies announces that its subsidiary, TotalEnergies EP Nigeria, signed an agreement with Shell Nigeria Exploration ... it contains the Bonga field, which started production in 2005 ...

(Alliance News) - Shell PLC on Thursday said it has increased its interest in Nigeria's Bonga field by purchasing TotalEnergies SE's 12.5% stake for USD510 million. The London-based oil major said ...

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 ...

Shell plc SHEL, the British oil and gas giant, has entered into an agreement with TotalEnergies SE TTE, the French energy major, for the purchase of the latter’s non-operating interest in the Bonga ...