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TotalEnergies Expands Offshore Collaboration with Chevron in Nigeria

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TotalEnergies Expands Offshore Collaboration with Chevron in Nigeria

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TotalEnergies SE ( (FR:TTE) ) has provided an announcement.

TotalEnergies has strengthened its global collaboration with Chevron by signing a farmout agreement to sell a 40% stake in two exploration licenses offshore Nigeria to Chevron’s Star Deep Water Petroleum Limited. This partnership aims to derisk and develop new opportunities in the West Delta basin, enhancing TotalEnergies’ offshore exploration capabilities and aligning with Nigeria’s objectives.

More about TotalEnergies SE

TotalEnergies is a global integrated energy company engaged in the production and marketing of various forms of energy, including oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. With over 100,000 employees, the company operates in about 120 countries and emphasizes sustainability in its strategy and operations.

Find detailed analytics on TTE stock on TipRanks’ Stock Analysis page.

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