TotalEnergies takes operatorship of Namibia’s Mopane oil discovery
TotalEnergies takes 40% operatorship of Namibia’s Mopane oil discovery with 2028 investment decision targeted TotalEnergies has completed a transaction with Galp that gives it operatorship of the Mopane oil discovery offshore Namibia, strengthening its position in the country’s Orange Basin. Under the agreement, TotalEnergies acquired a 40% operated interest in Petroleum Exploration Licence 83 (PEL83), which contains the Mopane discovery. Galp also retains a 40% interest, while state-owned Namcor and Custos each hold 10%. In
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