TotalEnergies to divest interests in UK's West of Shetland gas fields to the Prax Group

By Yahoo! Finance | Jun 28, 2024 at 04:50 AM EST

TotalEnergies finalized the sale of its West of Shetland assets to the Prax Group, including gas fields and the Shetland Gas Plant. The deal involves the transfer of employees and aligns with TotalEnergies' strategy to optimize its portfolio.

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