TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK Upstream Oil & Gas business. The combined group is renamed NEO NEXT+ and TotalEnergies holds a 47.5 per cent shareholding interest in it.
TotalEnergies has signed an agreement with NEO NEXT Energy (NEO NEXT) under which TotalEnergies will merge its upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5 per cent ownership.
