Namibia Oil Boom: TotalEnergies & Galp to Lead Mopane/Venus Discoveries – What It Means
Автор: The Bridge Collective
Загружено: 2025-12-09
Просмотров: 2
TotalEnergies and Galp sign a landmark deal to place TotalEnergies as the operator of PEL83 (Mopane discovery) and acquire a significant stake in PEL56 ( Venus discovery), while Galp takes a stake in PEL56 and PEL91. The agreement envisions an exploration and appraisal program with three wells over the next two years, aiming to establish a Namibian oil producing hub and deliver long-term value for Namibia and partners. This video breaks down who owns what, what Mopane and Venus discoveries mean for Namibia’s energy future, and the timeline toward development and potential production. Includes key numbers, what “carried” expenditures imply, and what this signals for regional energy strategy.
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