TotalEnergies completed the sale of its 12.5 percent stake in Oil Mining Lease 118, which contains the producing Bonga field, to partners Shell and Eni for $510 million ... .
TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) has completed the divestment of its 12.5% non-operated interest in the OML118 ProductionSharingContract (PSC) ... .
). 11/25/2025. News. Oil. Download the Press Release... ***. About TotalEnergies in Nigeria. TotalEnergies has been present in Nigeria for more than 60 years and employs today more than 1,800 people across different business segments ... About TotalEnergies ... Mail.
) Shell completes acquisition of increased interest in Nigeria's deep-water Bonga field ... SNEPCo (65%) operates the Bonga field in partnership with Esso Exploration and Production Nigeria Ltd.
The divestment by TotalEnergies EP Nigeria involved its 12.5% non-operated stake in the OML118 PSC, which includes the Bonga deepwater field, located approximately 120 km south of the Niger Delta.
The NUPRC approved TotalEnergies' sale of its 12.5 percent stake in OML 118, which includes the producing Bonga field, to Shell and Eni for $510 million ... .