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via finance.yahoo.comBusiness & Companies

TotalEnergies completes divestment of its Renaissance JV interest in Nigeria

FROM THE WIRE · FINANCE.YAHOO.COM

PARIS, October 27, 2026--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) has completed the divestment of its 10% non-operated interest in the Renaissance JV licenses to Vaaris for an aggregate amount…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe sale of a 10% stake for $800 million is relevant but not transformative for the group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01TotalEnergies EP Nigeria completed the sale of its 10% stake in the Renaissance JV licenses to Vaaris.
  2. 02The aggregate amount is US$ 800 million.
  3. 03TotalEnergies retains full economic interest in the three gas licenses.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
TotalEnergies SETTE.PAStock83.11 EUR-0.41%today -0.87%Neutral TotalEnergies SETTE.LSEStock83.05 EUR-0.42%today -0.84%Neutral TotalEnergies SETTEStock92.39 USD-1.46%today -1.46%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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