French oil major, TotalEnergies, is planning to sell its onshore oil asset in Nigeria to an indigenous oil company, Chappal Energies, for the sum of $860 Million, as per Bloomberg report. The deal, set to be finalised by December 31,…
By Esther Agbo and Opeyemi Abdulsalam The Nigerian National Petroleum Company (NNPC) Limited signed an agreement with TotalEnergies for the final investment decision (FID) on the Ubeta Field Development Project. The memorandum of understanding (MoU) was signed on Thursday in…
… As energy firm navigate tough year, eyes brighter future By Opeyemi Abdulsalam Shareholders of TotalEnergies Marketing Nigeria Plc has approved a total of N8.49 billion final dividend for the financial year that ended on December 31, 2023. The approval…
Shareholders of TotalEnergies Marketing Nigeria Plc on Friday unanimously approved a total of N8.49 billion final dividend proposed by the company’s Board of Directors for the financial year ended Dec. 31, 2023. The shareholders gave their approval at the 46th…
…As Lokpobiri, Ekpo insist Tinubu has made Nigeria attractive to investors Despite a recent outburst by the Chief Executive Officer of TotalEnergies, Patrick Pouyanné at the Africa CEO Forum revealing that the company chose Angola over Nigeria to make a…
TotalEnergies in collaboration with Nigeria-Sao Tome and Principe Joint Development Authority (NSTPJDA) on Tuesday donated a hygiene and sanitary facility to Moshood Abiola Polytechnic (MAPOLY), Abeokuta, Ogun. Speaking during the inauguration of the facility at the school premises, Mr Matthieu…
TotalEnergies Marketing Nigeria Plc posted a better-than-expected result in the fourth quarter of 2023, exceeding its revenue and profit projections. The 2023 unaudited financial statement of the oil marketing firm, filed with the Nigerian Exchange Limited on Monday, showed that…
TotalEnergies, in collaboration with the Nigerian National Petroleum Company Ltd., (NNPCL) has reiterated its commitment to ensuring consistent implementation of sustainable community development projects in Nigeria. The Chief Upstream Investment Officer, NNPC Upstream Investment Management Services (NUIMS), Mr Bala Wunti…
Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer reconfirmed on Thursday that the…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with TotalEnergies for adoption and deployment of Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in its upstream operations. The agreement is a direct benefit from…
