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flag TotalEnergies buys half of Nigeria’s OPL 257 block, boosting its stake to 90% and planning a 2026 appraisal well.

flag TotalEnergies has acquired a 50% operated interest in Nigeria’s OPL 257 offshore block from Conoil, raising its stake to 90% and securing plans to appraise the 2005 oil discovery with a 2026 well. flag The deal includes Conoil taking over TotalEnergies’ 40% stake in OML 136. flag OPL 257, near the Egina FPSO, may be developed as a tie-back to existing infrastructure. flag The move supports TotalEnergies’ strategy to expand operated offshore projects in Nigeria, following recent developments like the Akpo West start-up and Ubeta gas project.

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