TotalEnergies buys 25% stake in Chevron-run US offshore leases
TTE•TotalEnergies acquired a 25% working interest in 26 US offshore exploration leases operated by Chevron. In the transaction, Chevron acquired a 75% operating interest in two adjacent exploration leases from TotalEnergies; the value was not disclosed.
1. Offshore lease transaction
TotalEnergies said it acquired a 25% working interest in 26 US offshore exploration leases operated by Chevron. Chevron acquired a 75% operating interest in two adjacent exploration leases from TotalEnergies as part of the transaction, whose value was not disclosed.
