TotalEnergies completes sale of Renaissance joint venture oil stake in Nigeria
Tue 07:47
TotalEnergies completes sale of Renaissance joint venture oil stake in Nigeria Oct 27 (Reuters) - French oil major TotalEnergies TTEF.PA said on Tuesday it had completed the divestment of its 10% non-operated interest in the Renaissance joint venture licenses in Nigeria to Vaaris for $800 million.
TotalEnergies retains full economic interest in the joint venture's three gas licenses, which currently account for half of the Nigeria LNG gas supply, it said in a statement.
(Reporting by Dimitri Rhodes in Gdansk, editing by Milla Nissi-Prussak)
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