Saturday, July 12, 2025

TotalEnergies UK Assets to Be Bought by Prax Remain Unsold

© Taljat - stock.adobe.com

The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company."The transaction to sell our West of Shetland asset to Prax has not yet completed and as such we remain the operator of the Shetland Gas Plant and related fields…

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