TotalEnergies EP Nigeria has signed a farmout agreement with Chevron’s Star Deep Water Petroleum to sell a 40% stake in the PPL 2000 and PPL 2001 offshore licences. Located in the West Delta basin in Nigeria, the two exploration licences cover approximately 2,000km². The Nigerian Upstream Petroleum Regulatory Commission awarded the licences to a consortium comprising TotalEnergies and South Atlantic Petroleum during the 2024 Exploration Round. Under the terms of the agreement, TotalEnergies will have a ...