TotalEnergies launches sale of stake in Nigerian Joint Venture

French oil major TotalEnergies has launched a sale of its minority stake in a Nigerian oil joint venture. According to the agency, they wish to focus on deep-water fields away from the difficulties of working in shut proximity with native communities.
เกจวัดแรงดันภาษาอังกฤษ is selling its interest in thirteen onshore fields and three in shallow water, producing over 20,000 barrels of oil equivalent per day. The sale consists of infrastructure such as three,500 km of pipelines connecting to 2 key crude export terminals, Bonny and Forcados. They will maintain OMLs(oil mining licences) 23 and 28 and its interest in the associated fuel pipeline network that feeds Nigeria LNG.
Shift to deep-water fields
“Disruption of local communities are sources of great concern within the country. We have appointed Canada’s Scotiabank to steer the sale because the monetary adviser to the transaction,” stated Patrick Pouyanne, TotalEnergies chief government.
TotalEnergies is the most recent 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 where they will add worth to the journey towards carbon net-zero commitment.
Last 12 months, Royal Dutch Shell introduced its plan to dump onshore Nigerian oil assets in a bid to move to cleaner energy. It mentioned it was discussing with the federal authorities to promote its onshore oil property in the nation.
Also, Seplat Energy in February announced it had entered into a contract with ExxonMobil, to purchase Mobil Producing Nigeria Unlimited’s complete oil assets in Nigeria. เกจวัดแรงดัน4บาร์ consists of all of Exxon’s entire shallow water assets within the Niger Delta.

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