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Nigeria approves TotalEnergies’ $510 million Bonga divestment to Shell, Agip

Nigeria approves TotalEnergies’ $510 million Bonga divestment to Shell, Agip

by Offshore Reporter | Sep 26, 2025 | Offshore

Nigeria has approved TotalEnergies’ $510 million sale of its 12.5% stake in OML 118, home to the Bonga deepwater field, to Shell and Nigerian Agip Exploration as part of Total’s global divestment strategy.

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Nigeria approves TotalEnergies’ $510 million Bonga divestment to Shell, Agip

Latest News

TotalEnergies farms out 40% of OPL257 offshore Nigeria to SAPETRO

BW Energy pulls capex guidance as rig loss stalls Gabon drilling

Brazil’s ANP overhauls rules for assigning E&P contracts, scraps partnership review committee

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