TotalEnergies buys 25% stake in Chevron-run US offshore leases
Wed 07:16
TotalEnergies buys 25% stake in Chevron-run US offshore leases Oct 28 (Reuters) - French oil major TotalEnergies TTEF.PA said on Wednesday it has acquired a 25% working interest in 26 offshore exploration leases operated by Chevron CVX.N in the United States.
As part of the transaction, value of which was not disclosed, Chevron acquired a 75% operating interest in two adjacent exploration leases from TotalEnergies, the French company said.
(Reporting by Dimitri Rhodes in Gdansk)
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