Standard Chartered (StanChart) has acted as exclusive financial adviser to TotalEnergies for the divestment of its ...

Standard Chartered has acted as the exclusive financial adviser to TotalEnergies on the transaction, coordinating a competitive sale process and advising on all aspects of the transaction.The bank ...

Shell and TotalEnergies are accelerating investments in Nigeria, targeting 2027 for major oil and gas production boosts from ...

Shell and TotalEnergies plan first oil from Bonga North and Ubeta fields by 2027 to boost Nigeria’s energy output.

The company said on Thursday it agreed to sell its 12.5 per cent stake in the Bonga oilfield offshore Nigeria to Shell the field's operator, for $510 million.

TotalEnergies is giving up its 12.5 percent stake in the Bonga field, increasing Shell's own share to 67.5 percent, the companies said in separate statements.

SHEL's acquisition of TTEs 12.5% stake in the Bonga field aligns with its strategy of focusing on deepwater and offshore operations in Nigeria.

Shell will buy TotalEnergies’ 12.5% non-operated stake in the deepwater oilfield Bonga offshore Nigeria, where the UK-based supermajor plans to develop another major project.

According to the producer, the contract covers the Bonga field, among other assets. Once completed, the deal will increase Shell’s interest in the OML 118 PSC from 55% to 67.5%.

(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 ...

(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.

PARIS, May 29, 2025-- TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) signed an agreement with Shell Nigeria Exploration and Production ...