Nigeria: TotalEnergies Signs a Sale and Purchase Agreement in View of Divesting its Oil Interest in Renaissance JV (formerly SPDC)
TotalEnergiesTotalEnergies(US:TTE) Businesswire·2026-01-14 15:42

PARIS--(BUSINESS WIRE)--TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement (SPA) with Vaaris for the sale of its 10% non-operated interest in the Renaissance JV licenses in Nigeria. The Renaissance JV, formerly known as the SPDC JV, is an unincorporated joint venture between Nigerian National Petroleum Corporation Ltd (55%), Renaissance Africa Energy Company Ltd (30%, operator), TotalEnergies EP Nigeria (10%) and Agip Energy and Natural Resources Ni ...

Nigeria: TotalEnergies Signs a Sale and Purchase Agreement in View of Divesting its Oil Interest in Renaissance JV (formerly SPDC) - Reportify