By Funsho ArogundadeIn 2021, influential investor, Tony O. Elumelu announced his presence in Nigeria’s hydrocarbons ecosystem. He got his hands on 45 per cent of the OML 17 licence block in the Niger ...

French major, TotalEnergies, yesterday announced that it had signed a Sale and Purchase Agreement (SPA) to sell its 10 per cent non-operated stake in the Nigerian onshore oil asset formerly owned by ...

Five years after Heirs Energies assumed operatorship of OML 17, the company says it has recorded significant growth ...

The Registrar-General of the Corporate Affairs Commission (CAC), Ishaq Hussaini Magaji, SAN, has again come under public scrutiny following a series of social media posts, suggesting an opulent ...

Thursday, January 15, 2026, marks five years since Heirs Energies assumed operatorship of OML 17, taking responsibility for ...

TotalEnergies agreed to sell a 10% non-operated stake in Nigerian onshore and shallow-water assets to Vaaris Resources. The assets contributed about 16,000 barrels of oil equivalent per day to ...

TotalEnergies has agreed to sell its 10% non-operated interest in most of the Renaissance JV licenses in Nigeria to local ...

The deal also includes the transfer of TotalEnergies’ 10 per cent interest in three gas-producing licences — OML 23, OML 28, ...

The deal follows TotalEnergies' 2024 attempt to divest the asset to Chappal Energies for $860 million. Regulators rejected ...

TotalEnergies EP Nigeria has signed a SPA with Vaaris for the divestment of its 10 per cent non-operated interest in the ...