Tag: TotalEnergies

TotalEnergies sells $800 million Nigeria oil stake to Vaaris

TotalEnergies completes an $800 million sale of 15 Nigerian oil licences to Vaaris while retaining interests in three key gas assets.

Oluwatosin Alao Oluwatosin Alao

TotalEnergies, AMNI approve Nigeria’s Ima offshore gas project

TotalEnergies and AMNI approve Nigeria’s Ima offshore gas project, targeting 2028 output to supply Nigeria LNG’s Train 7 expansion.

Oluwatosin Alao Oluwatosin Alao

TotalEnergies gets $1.8 billion from BlackRock’s GIP for African infrastructure

The TotalEnergies GIP Africa deal brings $1.8 billion from BlackRock’s GIP for African oil and gas infrastructure.

Timilehin Adejumobi Timilehin Adejumobi

French giant TotalEnergies strikes new offshore oil in Angola after $10B pledge

TotalEnergies strikes offshore oil in Angola and secures two new exploration blocks, following a pledge to invest $10 billion over the next five years.

Omokolade Ajayi Omokolade Ajayi

Mozambique challenges $2 billion claims on Total LNG project

Mozambique disputes $2bn cost claim from TotalEnergies over LNG delays, escalating talks on project costs and restart terms.

Timilehin Adejumobi Timilehin Adejumobi

TotalEnergies reopens Libya oil field after decade, boosting Africa output

TotalEnergies has resumed production at Libya’s Mabruk oil field, bringing a key asset back online nearly 10 years after it was shut down during conflict. The restart adds fresh supply to Africa’s oil market and points to improving conditions for energy investment in the country.  The return of output reflects Libya’s slow recovery after years of disruption that forced international…

Oluwatosin Alao Oluwatosin Alao

TotalEnergies revives $20 billion Mozambique LNG project   

TotalEnergies restarts $20 billion Mozambique LNG project, boosting gas exports and economic growth

Timilehin Adejumobi Timilehin Adejumobi

Mozambique bonds jump as TotalEnergies resumes LNG project

At a Glance Mozambique’s sovereign bonds surged on Monday after France’s TotalEnergies SE lifted force majeure on its $20 billion liquefied natural gas project — a long-awaited move that marks a turning point for one of Africa’s most ambitious energy ventures.  The decision has revived confidence among investors who view the LNG development as central to Mozambique’s economic recovery. It…

Oluwatosin Alao Oluwatosin Alao