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TotalEnergies Nigerian oil sale nets US$800M

The TotalEnergies Nigerian oil sale to Vaaris has closed at US$800M, transferring 15 oil-producing licences while the French major retains full economic exposure to three gas licences supplying half of Nigeria LNG’s feedstock. TotalEnergies completed the transaction through its Nigerian subsidiary, TotalEnergies EP…

FurtherAfricaBy FurtherAfrica
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TotalEnergies Nigerian oil sale nets US$800M
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Original headline: “TotalEnergies Nigerian oil sale nets US$800M”

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  • Nigeria