TotalEnergies Completes $800 Million Sale of 10% Renaissance JV Oil Interest to Vaaris
Bitget2026/10/27 07:36- TotalEnergies completed the sale of its 10% non-operated interest in Nigeria's Renaissance JV licenses to Vaaris for US$ 800 million.
- As disclosed on January 14, 2026, the company retains full economic interest in three Renaissance JV gas licenses.
- Those licenses—OML 23, OML 28 and OML 77—currently account for 50% of Nigeria LNG's gas supply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitmine Buys 9,587 ETH as Holdings Near 5% of Ethereum Supply
Ekopak Expands Wastewater Treatment Plant at Mark Anthony Brewing
Vodafone (VOD.US) Swings to Loss in First Half, German Operations Major Drag
Vodafone (VOD.US) released its financial results for the first half of fiscal year 2027.
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
Crypto prices
More
