TotalEnergies increases stake in OPL257 to 90%

Dailytrust | 20-11-2025 06:34pm |

TotalEnergies has signed agreements with Conoil Producing Limited to acquire from Conoil a 50% operating interest in block OPL257 while Conoil is to acquire the 40% participating interest held by TotalEnergies in block OML136, both located offshore Nigeria. Upon completion of the transaction which is subject to regulatory approval by the Nigerian Upstream Petroleum Regulatory

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