TotalEnergies exits oil assets in Renaissance JV, sells 10% stake to Vaaris

Hallmarknews | 15-01-2026 02:33am |

TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the divestment of its 10 per cent non-operated interest in the Renaissance Joint Venture (JV) licences in Nigeria. The Renaissance JV, formerly known as the Shell Petroleum Development Company of Nigeria (SPDC) JV, is an unincorporated partnership comprising the Nigerian National Petroleum

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