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TotalEnergies Completes $800 Million Sale of 10% Renaissance JV Oil Interest to Vaaris
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TotalEnergies Completes $800 Million Sale of 10% Renaissance JV Oil Interest to Vaaris
  • TotalEnergies completed the sale of its 10% non-operated interest in Nigeria's Renaissance JV licenses to Vaaris for US$ 800 million.
  • As disclosed on January 14, 2026, the company retains full economic interest in three Renaissance JV gas licenses.
  • Those licenses—OML 23, OML 28 and OML 77—currently account for 50% of Nigeria LNG's gas supply.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TotalEnergies SE published the original content used to generate this news brief via Business Wire (Ref. ID: 202610270336BIZWIRE_USPR_____20261026_BW449203) on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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