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TotalEnergies reaffirms commitment to Nigeria’s industry aspirations
Sopuruchi Onwuka The Managing Director of TotalEnergies EP Nigeria Limited, Mathieu Bouyer, has restated the company’s commitment to expanding Nigeria’s energy supply while reducing the carbon intensity of its operations. Bouyer who spoke during a panel session titled “Capitalizing on…
Namibia disowns farm in deals by TotalEnergies, PetroBras
Ziggy Ojiegbe The government of Namibia has said it will not recognize recent stake purchases in the PEL 104 offshore exploration license by TotalEnergies and Petrobras, arguing that the companies failed to follow proper approval procedures. In a report reviewed…
Saudi Aramco leads oil majors with 52 years reserves life
Ziggy Ojiegbe Saudi Aramco stands in a league of its own when it comes to reserve strength, highlighting a growing divide between national oil companies and Western majors struggling to replenish what they produce. Shell’s 2025 results have amplified those…
TotalEnergies finally signs off Renaissance JV interest to Vaaris
Displaces Chappal Energies, beats SAPETRO Sopuruchi Onwuka French multinational oil major with significant commercial interest in Nigeria, TotalEnergies, has reached a deal to sell its 10 percent non-operating stake in the Renaissance operated Joint Venture with the Nigerian National Petroleum…
Chevron farms into PPLs 2000, PPL 2001 to partner TotalEnergies, Sapetro
American multinational energy company, Chevron, says it has signed an agreement to acquire a 40% Working Interest (WI) in Petroleum Prospecting Licenses (PPLs) 2000 and 2001 from TotalEnergies EP Nigeria. Chevron stated in a statement issued in Nigeria that the…
Shell completes transaction to increase stake in Bonga Field
Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, has completed the transaction to increase its interest in the OML 118 Production Sharing Contract to 65 percent. The completion follows SNEPCo’s earlier agreement to acquire the 12.5…
After giving up stake in Bonga, TOTALEnergies leads Conoil in OPL 257
Sopuruchi Onwuka After cashing out its 12.5 non-operating stake in the Shell operated oil mining lease (OML) 118 for $510 million in September, TotalEnergies is working to increase its stake in Oil Prospecting Lease (OPL) 257 to 40 percent to…
TotalEnergies, ExxonMobil, Eni set to transform Mozambique into Global LNG powerhouse
Sopuruchi Onwuka Mozambique is on track to become one of the world’s leading liquefied natural gas (LNG) producers as international energy giants TotalEnergies, ExxonMobil, and Eni move closer to restarting multi-billion-dollar gas developments in the country. Following years of suspension…
TotalEnergies charges contractors to enhance industry safety
Sopuruchi Onwuka Industry contractors, who bear greater responsibility for oilfield workers’ safety and environmental impact mitigation, must collaborate closely with operating companies to uphold health, safety, security, social, and environment (HSSSE) standards. TotalEnergies made this call in a media release…
Divestments: Can independents secure Nigeria’s energy future with brown asset?
NAPE calls for seismic data update on Niger Delta Sopuruchi Onwuka Transfer of most onshore petroleum industry operations from the international oil companies to mainly indigenous independent companies puts the fate of the country’s economy in the efficient hands of…
