Nigeria has given the green light to TotalEnergies' $510m divestment of its interest in Oil Mining Lease 118, which includes the Bonga field, to Shell and Nigerian Agip Exploration (Agip). The move represents another step in the French energy company’s strategy to streamline its portfolio and reduce debt, reported Bloomberg. According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Shell Nigeria Exploration will acquire 10$408m, while Agip will take t ...