TotalEnergies takes control of PEL83 license in Namibia with Mopane discovery

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.