Nigeria News

 

TotalEnergies Boosts Stake in Nigerian Offshore Exploration Block

Nov 19, 2025

TotalEnergies has signed agreements with Conoil to acquire a further 50% interest in oil exploration block OPL 257 from its Nigerian partner, bringing its holding to 90%, the French group said on Wednesday.The deal is part of efforts to consolidate TotalEnergies' position in Nigeria's offshore oil sector by leveraging existing infrastructure for cost-efficient growth.Conoil will retain a 10% stake after the deal…

Current News

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Malaysia Oil and Gas Projects

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Vantage Drilling’s Ultra-Deepw

Shell Reserve Decline Raises Need for Deals or Discoveries

Shell Reserve Decline Raises N

BP Profit Climbs 32% as Company Suspends Buybacks

BP Profit Climbs 32% as Compan

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine