-+ 0.00%
-+ 0.00%
-+ 0.00%
TotalEnergies Buys Minority Stake in 26 Chevron-operated Exploration Assets Offshore US
Share
Listen to the news
03:58 AM EDT, 10/28/2026 (MT Newswires) -- TotalEnergies (TTE.PA, TTE.L) acquired a 25% stake in 26 exploration leases located offshore the US and operated by Chevron, boosting its collaboration with the US partner. Under the deal, Chevron also purchased a 75% operated interest in two exploration leases from the French energy company, according to a Wednesday filing. The assets are located adjacent to existing jointly held exploration leases. The 26 leases comprise 24 blocks in the Green Canyon area and two blocks in the Walker Ridge area.
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.
What's Trending