(IN BRIEF) TotalEnergies has signed an agreement with Galp that gives TotalEnergies a 40% operated interest in PEL83, home to the Mopane discovery, while Galp will acquire 10% of PEL56, which contains the Venus discovery, along with a 9.39% stake … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities, Investment
Tagged Custos, deepwater Namibia, equity interests, exploration wells 2026, final investment decision 2026, Galp, Impact Oil and Gas, low carbon projects Namibia, major producing hub, Mopane discovery, multi-energy strategy, NAMCOR, Namibia oil development, Patrick Pouyanné, PEL56, PEL83, PEL91, QatarEnergy, TotalEnergies, TotalEnergies reshapes Namibian asset portfolio through PEL83 acquisition and shared development plan with Galp, upstream agreement, Venus discovery
(IN BRIEF) Galp, an energy company, has invested $5 million in Verdagy, a US-based company developing scalable electrolysis technology for industrial applications. This technology aims to reduce costs and dependency on critical raw materials compared to current electrolysis methods. Galp’s … Read the full press release
Transaction to expand Galp’s electric charging network by 280 points in the short term Galp strengthens its ambition to have 10,000 charging points in operation in the Iberian Peninsula by the end of 2025 (PRESS RELEASE) LISBON, 8-Sep-2021 — /EuropaWire/ … Read the full press release
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