TotalEnergies takes control of PEL83 license in Namibia with Mopane discovery
TotalEnergies acquires a 40% operated interest in the offshore PEL83 license, marking a strategic move in Namibia with the Mopane oil field, while Galp secures stakes in two other promising blocks.
| Sector | Pétrole, Gaz, Exploration production, Exploration production |
|---|---|
| Theme | Investissements & Transactions, Partenariats commerciaux |
TotalEnergies has signed an agreement with Portuguese company Galp Energia SGPS SA to acquire a 40% operated interest in the offshore PEL83 license in Namibia. This block includes the Mopane discovery, one of the country’s most promising fields. In exchange, Galp will receive a 10% participating interest in the PEL56 license, which includes the Venus discovery, as well as a 9.39% interest in the PEL91 license.
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