TotalEnergies Sells Stake in Nigeria’s Bonga Oilfield to Shell for \$510 Million

Theinfostride | 31-05-2025 05:42pm |

French energy giant TotalEnergies has agreed to sell its 12.5 percent non-operated interest in Nigeria’s Bonga deepwater oilfield to Shell Nigeria Exploration and Production Company (SNEPCo) for \$510 million. The deal, announced on May 29, 2025, marks another significant shift in the ownership and operational dynamics of one of Nigeria’s most important offshore oil [...]

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