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TotalEnergies Acquires 25% Interest in 26 Offshore US Leases

TotalEnergies acquired a 25% working interest in 26 Chevron-operated exploration leases offshore the United States.

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07:15:10 AM UTC
SquawkNews
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the acquisition of a 25% working interest in 26 Chevron-operated exploration leases offshore the United States. As part of the transaction, Chevron also acquires from TotalEnergies a 75% operated interest in two exploration leases adjacent to…
07:15:34 AM UTC
SquawkNews
TotalEnergies acquired a 25% working interest in 26 Chevron-operated offshore U.S. exploration leases and transferred 75% operated interest in two adjacent leases to Chevron.Material DetailsContext by AI AnalystThis is a mid-cycle portfolio expansion, extending a 2025 move into Chevron-operated Gul…