TotalEnergies

TotalEnergies Sells 40% Stake in Nigerian Offshore Licenses to Chevron

We report that TotalEnergies has agreed to sell a 40% stake in two offshore Nigerian exploration licenses to the U.S. energy giant Chevron. The deal covers Petroleum Prospecting License (PPL) 2000 and PPL 2001, located in the West Delta basin off Nigeria’s coast, covering roughly 2,000 square kilometers.

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