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TTE TotalEnergies SE

68.32
-0.43 (-0.63%)
14 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TotalEnergies SE EU:TTE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.43 -0.63% 68.32 68.24 68.38 69.03 68.24 68.75 1,723,131 16:40:00

TotalEnergies to Acquire Some of BP's Assets in Mozambique

31/01/2022 4:49pm

Dow Jones News


TotalEnergies (EU:TTE)
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From May 2021 to May 2024

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   By Giulia Petroni 
 

TotalEnergies SE on Monday said that it will acquire BP PLC's retail network, wholesale fuel business and logistics assets in Mozambique.

The French oil-and-gas major said the deal includes a network of 26 service stations, a portfolio of business customers and BP's 50% share in Samcol, the logistics company that operates the Matola, Beira and Nacala fuel-import terminals. Samcol was previously jointly owned by TotalEnergies and BP.

The assets are complementary to TotalEnergies' existing network of 57 service stations and current B2B business in the country.

Financial details weren't disclosed.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

January 31, 2022 11:34 ET (16:34 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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