TotalEnergies launches sale of stake in Nigerian Joint Venture

ร้านซ่อมเครื่องวัดความดันomron has launched a sale of its minority stake in a Nigerian oil joint venture. According to the firm, they want to concentrate on deep-water fields away from the difficulties of working in shut proximity with native communities.
The firm is selling its curiosity in thirteen onshore fields and three in shallow water, producing over 20,000 barrels of oil equivalent per day. The sale contains 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 curiosity in the associated gas pipeline network that feeds Nigeria LNG.
Shift to deep-water fields
“Disruption of native communities are sources of great concern in the country. We have appointed Canada’s Scotiabank to steer the sale as the monetary adviser to the transaction,” said Patrick Pouyanne, TotalEnergies chief executive.
TotalEnergies is the latest multinational to give up its onshore asset for deep-water fields. Mele Kyari, the group managing director, Nigerian National Petroleum Company (NNPC) Limited had in February said International oil firms are leaving Nigeria and shifting their portfolios to the place they will add value to the journey towards carbon net-zero dedication.
Last 12 months, Royal Dutch Shell announced its plan to offload onshore Nigerian oil assets in a bid to maneuver to cleaner power. It said it was discussing with the federal government to sell its onshore oil belongings in the nation.
Also, Seplat Energy in February introduced it had entered right into a contract with ExxonMobil, to buy Mobil Producing Nigeria Unlimited’s entire oil belongings in Nigeria. That contains all of Exxon’s entire shallow water belongings in the Niger Delta.
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