TotalEnergies finalises $800m sale of Nigeria gas assets
TotalEnergies has officially finalized the divestment of its 10% non-operated interest in the Renaissance Joint Venture (JV)—formerly known as the Shell Petroleum Development Company (SPDC) JV—to Vaaris for an aggregate cash consideration of US$800 million. Daily Trust reports that the transaction marks a major milestone in the ongoing restructuring of onshore oil assets in the […]
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