Nigeria approves Shell, Agip buyout of TotalEnergies' stake in Bonga oilfield

[Times Live - South Africa] - 26/09/2025

Nigeria's oil regulator has approved a $510m (R8.90bn) deal by TotalEnergies to sell its entire 12.5% interest in oil mining lease 118, which hosts the offshore Bonga oilfield, to the field's operator Shell and Agip, the agency said on Thursday.

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