Nigeria
TotalEnergies sells its SPDC stakes after some struggle

OML 25, located in Akuku Toru district in Rivers State, Nigeria pictured here in August 2017, is part of the licences sold to Vaaris.
OML 25, located in Akuku Toru district in Rivers State, Nigeria pictured here in August 2017, is part of the licences sold to Vaaris. © Pius Utomi Ekpei/AFP
After an initial setback, the French major finally reached an agreement with a recently created consortium to divest part of its onshore assets in Renaissance Africa Energy Co. [...]
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