TotalEnergies looks to exit Nigerian onshore oil, following Shell
TotalEnergies looks to exit Nigerian onshore oil, following Shell
French energy giant TotalEnergies opens new tab is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell’s, opens new tab divestment last month, CEO Patrick Pouyanne said.
The Shell Petroleum Development Company of Nigeria Limited (SPDC), in which TotalEnergies holds a 10% stake, has struggled with hundreds of onshore oil spills as a result of theft, sabotage and op...