Totalenergies (TTE) expands the Nigerian presence with new marine licenses

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Totenergies Se (Nyse:TTEThe ranking between The best European stocks to invest in. On September 2, Totalenergies SE (NYSE: TTE) and Southern Atlantic signed a production -sharing contract for external exploration licenses in Nigeria. Licensing, which includes approximately 2000 square kilometers in the West Delta basin, was granted as part of the exploration round in Nigeria 2024 and was given through the Nigerian Petroleum Regulatory Committee.

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Nigeria has been part of the production of Tammegery hydrocarbon for more than 60 years, as the country contributed about 209,000 barrels of the equivalent of oil daily in 2024.

According to Totalenergies SE (NYSE: TTE), the recent “promising” blocs are ready “ready and highly influential” in the areas of their basic efficiency. The company will own and operate 80 % of the blocks, while the southern Atlantic Petroleum will retain the remaining 20 %.

Global Integrated Energy Company, Totalenergies SE (NYSE: TTE) generate electricity, renewable energy, oil, biofuels, natural gas and green gases.

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Detection: Nothing. This article was originally published in A monkey from the inside.



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