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      TotalEnergies Expands UK Oil and Gas Operations Through NEO NEXT Merger

      TotalEnergies has announced the expansion of its upstream oil and gas operations in the United Kingdom through a merger with NEO NEXT. This strategic move has resulted in the formation of a new entity named NEO NEXT+, which boasts a production capacity of 250,000 barrels of oil equivalent per day.

      As part of the merger, TotalEnergies has secured a 47.5% stake in a significant shelf producer, enhancing its presence in the UK energy market. This development is expected to strengthen TotalEnergies' position in the region and contribute to its overall growth strategy in the oil and gas sector.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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