Dans le but d' acquérir la participation non exploitée 10% of TotalEnergies Exploration and Production Nigeria Limited in its onshore and shallow-water assets in the Shell Petroleum Development Company joint venture in the Niger Delta, Chappal Energies has concluded a sale and purchase agreement

The acquisition includes a 10% stake in 15 oil mining concessions and two main export terminals in Nigeria. These are the Forcados and Bonny terminals, which are part of the Shell Petroleum Development Company joint venture. The Nigerian National Petroleum Company Limited has a 55% stake, Shell operates a 30% stake, and the Nigerian Agip Oil Company has a 5% stake

TotalEnergies reported that “this strategic acquisition increases the asset base of Chappal Energies and adds significant reserves to the company's balance sheet. The portfolio includes over 40 production fields with a network of pipelines, production stations, processing facilities and two major terminals.”