TotalEnergies Sells Offshore Nigeria Stake to Chevron, Keeps 40% Operatorship

French oil major TotalEnergies has agreed to sell a 40-per-cent stake in its Nigerian offshore exploration licences to Star Deep Water Petroleum Limited, a subsidiary of US oil giant Chevron, the company announced on Monday. The deal covers two offshore blocks in the West Delta basin, spanning 2,000 square kilometres, and remains subject to regulatory

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