French supermajor TotalEnergies has increased its position in a Mexican offshore block to 100% after fellow European oil giants BP and Equinor decided to walk away from the acreage.

Mexico’s National Hydrocarbons Commission (CNH) approved on Thursday the transfer of BP’s 33% operating stake and Equinor’s 33% stake in contract CNH-R01-L04-A1.CS/2016,