Exploration

TotalEnergies quits deepwater Nigeria asset after selling to Shell

Shell acquires French giant's stake in Bonga field which was producing about 123,000 barrels per day last month

TotalEnergies, led by chief executive Patrick Pouyanne (right), has sold its stake in Nigerian field to Shell, led by Wael Sawan (left).
TotalEnergies, led by chief executive Patrick Pouyanne (right), has sold its stake in Nigerian field to Shell, led by Wael Sawan (left).Photo: AP/SCANPIX
Africa CorrespondentLondon
Published 29 May 2025, 06:49Updated 29 May 2025, 06:49
NigeriaBongaShellTotalEnergiesAfrica