TotalEnergies Sells Stake in Nigerian JV for $860 Million
French energy company TotalEnergies is selling its 10% stake in a joint venture (JV) in Nigeria to Chappal Energies for $860 million, according to a TotalEnergies press release. “TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria has signed a sale and purchase agreement with Chappal Energies for the sale of …
Equinor Sells its Nigerian Business to Chappal Energies
Norwegian state-owned energy company Equinor is selling its Nigerian business to energy company Chappal Energies, Equinor said in a press release. “Equinor and Chappal Energies have entered into an agreement to sell to Equinor Nigeria Energy Company (ENEC), which owns a 53.85% stake in the OML 128 oil and gas …