Nigerian billionaire TY Danjuma's SAPETRO buys 40% stake in TotalEnergies offshore oil block
Billionaires Africa | 03.11.2026 01:58
South Atlantic Petroleum Ltd., the oil company founded by Nigerian billionaire Theophilus Yakubu Danjuma, has agreed to buy a 40% stake in an offshore oil block from TotalEnergies SE, deepening its partnership with the French energy major in Nigeria's deep waters.