TotalEnergies to sell 40% stake in two licenses in Nigeria to Chevron

Reuters
2025.12.01 08:27
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Dec 1 (Reuters) - TotalEnergies (TTEF.PA) agreed to sell a 40% stake in two offshore exploration licenses in Nigeria to Chevron, in a move aimed at strengthening collaboration between the French and U.S. energy giants, the company said on Monday.Following the sale, TotalEnergies will remain the operator of the site with 40% participation, alongside Chevron and South Atlantic Petroleum.