TotalEnergies launches sale of stake in Nigerian Joint Venture

French oil main TotalEnergies has launched a sale of its minority stake in a Nigerian oil joint venture. According to the firm, they wish to concentrate on deep-water fields away from the difficulties of operating in close proximity with local communities.
The company is selling its interest in 13 onshore fields and 3 in shallow water, producing over 20,000 barrels of oil equivalent per day. The sale consists of infrastructure such as 3,500 km of pipelines connecting to 2 key crude export terminals, Bonny and Forcados. เกจวัดแก๊ส will hold OMLs(oil mining licences) 23 and 28 and its curiosity in the related gas pipeline network that feeds Nigeria LNG.
Shift to deep-water fields
“Disruption of native communities are sources of nice concern within the nation. We have appointed Canada’s Scotiabank to steer the sale as the financial adviser to the transaction,” stated Patrick Pouyanne, TotalEnergies chief executive.
TotalEnergies is the newest multinational to surrender its onshore asset for deep-water fields. Mele Kyari, the group managing director, Nigerian National Petroleum Company (NNPC) Limited had in February mentioned International oil companies are leaving Nigeria and shifting their portfolios to the place they’ll add value to the journey in the path of carbon net-zero dedication.
Last yr, Royal Dutch Shell announced its plan to offload onshore Nigerian oil property in a bid to move to cleaner energy. เกจวัดแรงดันไทวัสดุ said it was discussing with the federal authorities to promote its onshore oil assets within the country.
Also, Seplat Energy in February announced it had entered into a contract with ExxonMobil, to buy Mobil Producing Nigeria Unlimited’s whole oil belongings in Nigeria. That contains all of Exxon’s entire shallow water property within the Niger Delta.

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