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SAPETRO, the oil company of Nigerian billionaire TY Danjuma, is buying 40% of TotalEnergies' OPL257 offshore block, which holds part of the Egina South discovery.
Amni, founded by Tunde Afolabi, and TotalEnergies have approved the Ima gas field, which will supply a third of Nigeria LNG's Train 7 feedstock.
Sonangol has handed 5% of the TotalEnergies-operated Block 17/06 to Falcon Oil, doubling the stake held by Angola's richest man to 10%.
Well-funded bids by Nigeria’s richest investors fell apart as VAARIS Resources quietly secured TotalEnergies’ stake in a major oil joint venture.
TotalEnergies and ABC Orjiako’s Zebbra say they reached an understanding over Nigeria’s OPL 248 as Chevron pursues a 40% offshore stake.
Conoil Producing sells 50 percent of OPL257 to TotalEnergies, keeping 10 percent, advancing Nigeria’s offshore oil development.
Nigerian billionaire TY Danjuma’s South Atlantic Petroleum signs $10 million oil deal with TotalEnergies in the Niger Delta.
Chappal Energies seeks new investors to fund expansion following significant acquisitions in Nigeria.
As global scrutiny intensifies over fossil fuel projects, Standard Bank’s decision to support EACOP is set to influence the trajectory of similar ventures across the continent.
Akhannouch’s indirect stake in Afriquia Gaz is valued at $435.1 million.