TotalEnergies agrees to sell 40% stake in Nigeria's OPL257 block to SAPETRO

Bitget2026/10/30 08:38

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TotalEnergies agreed on October 30, 2026, to sell SAPETRO a 40% participating interest in Nigeria's offshore OPL257 block.
Following completion, the seller will retain a 50% operated interest; Conoil will hold the remaining 10%.
An appraisal campaign in the coming months will assess potential development of Egina South through the existing Egina FPSO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies SE published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.

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.

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TotalEnergies agrees to sell 40% stake in Nigeria's OPL257 block to SAPETRO

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