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TotalEnergies and BlackRock Sign $1.8B Deal for African Oil and Gas Assets

TotalEnergies and BlackRock’s Global Infrastructure Partners (GIP) have signed a partnership agreement under which GIP will invest $1.8 billion in capital contribution toward some of the French…

  • TotalEnergies partners with BlackRock's GIP for $1.8B African oil and gas assets.
  • GIP contributes $1.8B capital, TotalEnergies pays tariff over 15 years.
  • Deal expands TotalEnergies' presence in Angola, Namibia, Uganda.

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