Tag: TotalEnergies

Chevron has further solidified its long-standing global alliance with TotalEnergies through a new deepwater acquisition in Nigeria, marking another milestone in the two energy giants’ expanding cooperation. Star Deepwater Petroleum Limited, a Chevron affiliate, has entered into a definitive agreement to acquire a 40% working interest in Petroleum Prospecting Licenses (PPL) 2000 and PPL 2001 […]

TotalEnergies has finalised its complete divestment from Nigeria’s flagship deepwater Bonga field (OML 118), transferring its former non-operated interest to Shell Nigeria Exploration and Production Company (SNEPCo) and Nigerian Agip Exploration (Eni). Following the transaction and the exercise of pre-emption rights: – SNEPCo (Shell) increased its operated interest from 55% to 65% – Nigerian Agip […]

French energy giant TotalEnergies has reaffirmed its keen interest in participating in Nigeria’s upcoming 2025 oil and gas licensing round, scheduled to begin on 1 December 2025, barely a year after securing two deep-water blocks in the 2024 mini-bid round. The declaration was made on Tuesday in Abuja when Mr Nicolas Terraz, President of TotalEnergies […]

The Nigerian National Petroleum Company Limited (NNPCL), in partnership with TotalEnergies and South Atlantic Petroleum (Sapetro), has signed a landmark Production Sharing Contract (PSC) for deepwater petroleum prospecting licences PPL 2000 and 2001—spanning approximately 2,000 square kilometers in the Niger Delta Basin. This agreement marks the first of its kind under the Petroleum Industry Act […]