TotalEnergies eye stake sale in giant North Sea gas field

LONDON: France's TotalEnergies is seeking to sell a third of its 60% stake in the Laggan Tormore gas field in the British North Sea, which is expected to raise around $300 million, six industry and banking sources said.

The company is hoping the recent rally in natural gas prices to record highs due to tightening supplies will boost buyer interest, the sources said.

TotalEnergies declined to comment.