TotalEnergies to sell 40% stake in two licenses in Nigeria to Chevron-March 2024-www.financetom.com

TotalEnergies to sell 40% stake in two licenses in Nigeria to Chevron

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TotalEnergies to sell 40% stake in two licenses in Nigeria to Chevron

Mar 10, 2026 9:05 PM

Dec 1 (Reuters) - TotalEnergies agreed to sell

a 40% stake in two offshore exploration licenses in Nigeria to

Chevron ( CVX ), in a move aimed at strengthening collaboration

between the French and U.S. energy giants, the company said on

Monday.

Following the sale, TotalEnergies will remain the operator

of the site with 40% participation, alongside Chevron ( CVX ) and South

Atlantic Petroleum.

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