TotalEnergies Signs Farm-Out Agreement To Sell 40% Of Nigeria’s Offshore OPL257 To SAPETRO, Will Hold 50% Operated Interest Alongside Conoil’s 10%
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Why It Matters
TotalEnergies is selling part of an oil field in Nigeria to another company. This shows the company is reshaping its oil business and finding partners to share the costs.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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