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TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) declares that its subsidiary TotalEnergies EP Nigeria (TEPNG) has accomplished the divestment of its 12.5% non-operated curiosity within the OML118 Manufacturing Sharing Contract (PSC) to Shell Nigeria Exploration and Manufacturing Firm Ltd (10%) and Nigerian Agip Exploration (2.5%) for an aggregated quantity of USD 510 million.
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About TotalEnergies in Nigeria
TotalEnergies has been current in Nigeria for greater than 60 years and employs right this moment greater than 1,800 individuals throughout completely different enterprise segments. Nigeria is without doubt one of the most important contributing international locations to TotalEnergies’ hydrocarbon manufacturing with 209,000 boe/d produced in 2024. TotalEnergies additionally operates an in depth distribution community which incorporates about 540 service stations within the nation. In all its operations, TotalEnergies is especially attentive to the socio-economic improvement of the nation and is dedicated to working with native communities.
About TotalEnergies
TotalEnergies is a worldwide built-in vitality firm that produces and markets energies: oil and biofuels, pure gasoline, biogas and low-carbon hydrogen, renewables and electrical energy. Our greater than 100,000 workers are dedicated to offer as many individuals as attainable with vitality that’s extra dependable, extra inexpensive and extra sustainable. Lively in about 120 international locations, TotalEnergies locations sustainability on the coronary heart of its technique, its initiatives and its operations.
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Cautionary Notice
The phrases “TotalEnergies”, “TotalEnergies firm” or “Firm” on this doc are used to designate TotalEnergies SE and the consolidated entities which are instantly or not directly managed by TotalEnergies SE. Likewise, the phrases “we”, “us” and “our” may be used to refer to those entities or to their workers. The entities during which TotalEnergies SE instantly or not directly owns a shareholding are separate authorized entities. This doc could include forward-looking info and statements which are primarily based on plenty of financial knowledge and assumptions made in a given financial, aggressive and regulatory setting. They might show to be inaccurate sooner or later and are topic to plenty of danger elements. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to replace publicly any forward-looking info or assertion, targets or developments contained on this doc whether or not on account of new info, future occasions or in any other case. Data regarding danger elements, that will have an effect on TotalEnergies’ monetary outcomes or actions is offered in the latest Common Registration Doc, the French-language model of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and within the Kind 20-F filed with america Securities and Trade Fee (SEC).
View supply model on businesswire.com: https://www.businesswire.com/information/house/20251124305171/en/
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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