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  1. Trading places: Shell Acquires TotalEnergies' $510 Million Stake in Nigeria's Bonga Oil Field

    Nigeria Trading places: Shell Acquires TotalEnergies' $510 Million Stake in Nigeria's Bonga Oil Field

    Sometimes, the most revealing business moves happen when companies head in opposite directions on the same opportunity. Shell has agreed to acquire TotalEnergies' 12.5% stake in Nigeria's offshore Bonga oil field for $510 million, increasing Shell's total ownership to 67.5%. While one...
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