The Nigerian subsidiaries of two energy giants, the UK-headquartered Shell and France’s TotalEnergies, have inked an agreement for the latter to divest its stake in a production sharing contract (PSC) offshore Nigeria.

Bonga North SNEPCo FPSO Equinor ExxonMobil Chevron ConocoPhillips Shell Nigeria Exploration Production Company Esso Exploration Production Nigeria Nigerian Agip Exploration Nicolas Terraz President of Exploration In Nigeria