TotalEnergies Sells 10% Interest in Renaissance JV Licenses to Vaaris for US$800 Million
TotalEnergies is divesting its 10% non-operated interest in the Renaissance JV licenses to Vaaris for an aggregate US$800 million.
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07:36:19 AM UTC
SquawkNews
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) has completed the divestment of its 10% non-operated interest in the Renaissance JV licenses to Vaaris for an aggregate amount of US$ 800 million.As announced on January 14th, 2026, TotalEn…
07:36:43 AM UTC
SquawkNews
TotalEnergies SE completed the divestment of its 10% non—operated interest in the Renaissance JV licenses to Vaaris for $800M. It retains full economic interest in the JV’s three gas licenses (OML 23, 28, 77).Material DetailsContext by AI AnalystThis is a late-stage confirmation of a previously ann…