Bloomberg L.P.

Chappal to Buy TotalEnergies’ Stake in Nigeria Oil Assets

Chappal Energies Mauritius Ltd. agreed to buy TotalEnergies SE’s 10% stake in oil and gas assets in Nigeria for $860 million, as oil majors continue exiting problematic onshore operations in the West ...
The Nation Newspaper

MCB provides $120M financing for Chappal Energies’ $360M acquisition of ENEC assets

The Mauritius Commercial Bank (MCB) has announced its participation in a landmark transaction, contributing USD 120 million as part of a USD 360 million senior secured bridge facility to support ...
The Nation Newspaper

Int’l banks to aid Chappal’s 10% stake in TotalEnergies

Chappal Energies has entered into a Sale and Purchase Agreement (SPA) to acquire TotalEnergies EP Nigeria Limited’s 10 per cent non-operated interest in its onshore and shallow water assets within the ...
Reuters

TotalEnergies sells Nigerian onshore oil assets to Chappal Energies for $860 mln

PARIS, July 17 - TotalEnergies has sold its minority share in a major Nigerian onshore oil joint venture to Mauritius-based Chappal Energies for $860 million, the French energy group said on Wednesday ...
Oil

Chappal Energies to acquire SPDC JV interest in Nigeria from TotalEnergies

Chappal Energies Mauritius Ltd. has agreed to acquire from TotalEnergies EP Nigeria its 10% interest in SPDC joint venture licenses in Nigeria for $860 million. July 17, 2024 Chappal Energies ...