Tag Archives: TotalEnergies reshapes Namibian asset portfolio through PEL83 acquisition and shared development plan with Galp

TotalEnergies strengthens Namibian deepwater position with Mopane stake acquisition and expansion of Venus partnership

Posted on 9, December 2025 by EuropaWire PR Editors

(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