Shell Boosts Nigerian Deepwater Assets With TotalEnergies Stake Purchase

benzinga.com/news/large-cap/25/05/45664619/shell-boosts-nigerian-deepwater-assets-with-totalenergies-stake-purchase

Shell PLC‘s (NYSE:SHEL) Shell Nigeria Exploration inked a deal with TotalEnergies SE‘s (NYSE:TTE) TotalEnergies EP Nigeria Limited involving SNEPCo acquiring TotalEnergies’ 12.5% interest in the OML 118 Production Sharing Contract (OML 118 PSC) for $510 million.
Once completed, this…

This story appeared on benzinga.com, 2025-05-29 10:12:49.
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