Total Energies’ Chief Executive Patrick Pouyanne said its planning to offload its 10percent interest in a firm that holds 20 onshore and shallow water permits in the West African country.
Total Energies SE has joined the league of foreign oil companies exiting the Nigerian oil market, after operating in the market for over 60 years as the French multinational announced plan to sell its minority stake in a Nigerian oil joint venture.
In a conference call monitored by Bloomberg, Tot
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Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.