(IN BRIEF) TotalEnergies has agreed to acquire a 42.5 percent operated stake in Namibia’s offshore PEL104 exploration license from Eight Offshore Investments Holdings and Maravilla Oil & Gas, which will make it the operator alongside Petrobras, Namcor and Eight once … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged deepwater exploration, Eight Offshore Investments Holdings, exploration license, joint venture, Lüderitz Basin, Maravilla Oil & Gas, Mopane discovery, NAMCOR, Namibia, Nicolas Terraz, offshore exploration, PEL104, Petrobras, TotalEnergies, TotalEnergies Becomes Operator of PEL104 Exploration License in Lüderitz Basin, TotalEnergies Expands Offshore Namibia Portfolio with Operated Stake in PEL104, upstream energy, Venus discovery
(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
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