Nigeria: TotalEnergies completes the sale of its non-operated interest in the Bonga field

Nigeria: TotalEnergies completes the sale of its non-operated interest in the Bonga field

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TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) divestment of its non-operated 12.5% ​​interest in OML118 Production Sharing Contract (PSC) with Shell Nigeria Exploration and Production Company Ltd (10%) and Nigerian Agip Exploration (2.5%) for a total amount of USD 510 million.

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About TotalEnergies in Nigeria
TotalEnergies has been in Nigeria for over 60 years and today employs over 1,800 people across various business segments. Nigeria is one of the largest contributors to TotalEnergies’ hydrocarbon production, with production reaching 209,000 boe/d in 2024. TotalEnergies also operates an extensive distribution network with approximately 540 fuel stations in the country. In all its activities, TotalEnergies pays particular attention to the socio-economic development of the country and strives to collaborate with local communities.

About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to providing as many people as possible with energy that is more reliable, affordable and sustainable. TotalEnergies is active in approximately 120 countries and places sustainability at the core of its strategy, its projects and its activities.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Warning
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to indicate TotalEnergies SE and the consolidated entities directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or their employees. The entities in which TotalEnergies SE has direct or indirect shareholdings are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries undertake any obligation to publicly update any forward-looking information or statements, objectives or trends contained herein, whether as a result of new information, future events or otherwise. Information on risk factors that could affect TotalEnergies’ financial results or operations is provided in the most recent Universal Registration Document, the French version of which has been filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in Form 20-F filed with the U.S. Securities and Exchange Commission (SEC).

TotalEnergies Contacts
Media relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR
Investor relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com


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