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TotalEnergies Completes $800M Sale of Renaissance JV Stake to Vaaris

TotalEnergies Completes $800M Sale of Renaissance JV Stake to Vaaris

TotalEnergies has closed the sale of its 10 percent non-operated stake in the oil licences of Nigeria’s Renaissance joint venture, handing the interest to Nigerian-owned Vaaris for $800 million and ending a process that took more than nine months and one failed buyer. The French company announced the completion on October 27. The sale was … Read more