Once completed—pending regulatory approvals—the Lapa partnership will consist of TotalEnergies (48%, operator), Shell (27%), and Repsol Sinopec (25%). Lapa, situated about 270 kilometers ...

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French energy giant TotalEnergies (NYSE:TTE) announced it agreed to sell its 12.5% stake in the Bonga field in offshore Nigeria to the project operator Shell (LON:SHEL) for $510 million ...

Following the completion of the transaction, TotalEnergies will hold a 48% interest in Lapa and continue to serve as the field’s operator. Shell will retain a 27% stake, while Repsol Sinopec ...

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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. 8:00 PM EST | June 01, 2025 ...