The Bonga field is located within the OLM118 production sharing contract (PSC) offshore Nigeria, around 120 kilometers to the south of the Niger Delta. Shell Nigeria Exploration and Production ...

Shell Nigeria Exploration and Production Company (SNEPCo) is acquiring a 12.5% stake in a Nigerian oilfield from ...

Shell’s purchase of TTE’s 12.5% participating interest in the Bonga field aligns with its strategy of focusing on deepwater and offshore operations in Nigeria. Energy Transfer is a midstream ...

Shell plc SHEL, the British oil and gas giant, has entered into an agreement with TotalEnergies SE TTE, the French energy major, for the purchase of the latter’s non-operating interest in the Bonga ...

French oil major TotalEnergies has announced diversification of key stake in a prolific oil producing asset to Shell. The company said on Thursday it agreed to sell its 12.5 per cent stake in the ...

According to the producer, the contract covers the Bonga field, among other assets. Once completed, the deal will increase Shell's interest in the OML 118 PSC from 55% to 67.5%. SNEPCo operates ...

(Alliance News) - Shell PLC on Thursday said it has increased its interest in Nigeria's Bonga field by purchasing TotalEnergies SE's 12.5% stake for USD510 million. The London-based oil major said ...

Through the deal, Shell would acquire TotalEnergies’ 12.5% stake in the production sharing contract, which includes Bonga field, taking its total interest to 67.5%. Bonga floating, production ...

“TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria signed an agreement with Shell Nigeria Exploration ... It contains the Bonga field, which started production in 2005 ...

TotalEnergies signed a deal to sell its 12.5 percent stake in Nigeria's OML118, which contains the producing Bonga field, to Shell for $510 million. TotalEnergies SE has signed a deal to sell its ...