Vaaris Buys 10% Stake in Nigerian Oil Licences from TotalEnergies for $800m
Vaaris has acquired a 10 per cent non-operated interest in oil licences held by Nigeria’s Renaissance joint venture from French energy giant TotalEnergies for $800 million, concluding a transaction that was first attempted with another buyer in 2024. The deal was completed by TotalEnergies EP Nigeria (TEPNG), a subsidiary of TotalEnergies, which announced the transaction […] The post Vaaris Buys 10% Stake in Nigerian Oil Licences from TotalEnergies for $800m appeared first on Naijaonpoint.com.ng
Vaaris has acquired a 10 per cent non-operated interest in oil licences held by Nigeria’s Renaissance joint venture from French energy giant TotalEnergies for $800 million, concluding a transaction that was first attempted with another buyer in 2024. The deal was completed by TotalEnergies EP Nigeria (TEPNG), a subsidiary of TotalEnergies, which announced the transaction […]
The post Vaaris Buys 10% Stake in Nigerian Oil Licences from TotalEnergies for $800m appeared first on Naijaonpoint.com.ng.
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- October 28, 2026
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