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

According to a report by TimesLIVE… 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. complete report is on below link. Source: https://www.timeslive.co.za/news/africa/2025-09-26-nigeria-approves-shell-agip-buyout-of-totalenergies-stake-in-bonga-oilfield/