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TotalEnergies Highlights Why Cross-Basin Equity Swaps Matter For Oil Majors

Investing.com Logo Investing.com By Khasay Hashimov
TotalEnergies Highlights Why Cross-Basin Equity Swaps Matter For Oil Majors

TotalEnergies and Chevron completed a strategic offshore exploration license transfer in Nigeria's West Delta basin, demonstrating cross-regional collaboration and risk-sharing in deepwater energy exploration.

Insights
TSLA   negative

Mentioned in market movers with significant price decline (-3.50%)


TOT   positive

Retains 40% stake, maintains operational control, strengthens upstream footprint, and monetizes assets while positioning for energy transition