TotalEnergies Completes $800 Mn Sale of Oil Assets in Nigeria

TotalEnergies has completed the divestment of its 10% non-operated interest in Nigeria’s Renaissance joint venture (JV) licences to Vaaris for $800 Mn, while retaining its full economic interest in three gas licences supplying Nigeria LNG, the French energy company said on October 27. The transaction was completed through TotalEnergies EP Nigeria (TEPNG), following a sale […] The post TotalEnergies Completes $800 Mn Sale of Oil Assets in Nigeria first appeared on Egypt Oil & Gas.