Shell To Pay TotalEnergies $510m For Bonga Field Acquisition

Leadership | 30-05-2025 07:58pm |

French oil major TotalEnergies has announced diversification of key stake in a prolific oil producing asset to Shell. The company said on Thursday it agreed to sell its 12.5 per cent stake in the Bonga oilfield offshore Nigeria to Shell the field’s operator, for $510 million. The deal will bring Shell’s stake in Bonga to [...]

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