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CHAPPAL ENERGIES
Chappal Energies has successfully completed the acquisition of Equinor Nigeria Energy Company (ENEC), a subsidiary of Norway's Equinor ASA, following the announcement of the transaction in 2023.
TotalEnergies is planning to sell its onshore oil asset in Nigeria to an indigenous oil company, Chappal Energies, for the sum of $860 Million
In the statement, it was said that the company has agreed to sell Equinor Nigeria Energy Company (ENEC), which owns about 54% of an oil and gas lease called OML 128.