TotalEnergies SE and Galp have reaffirmed their long-term commitment to the development of Namibia's energy resources in a high-level meeting with Namibia's President Netumbo Nandi-Ndaitwah. TotalEnergies will assume operatorship of Petroleum Exploration License (PEL) 83 with the Mopane discoveries, while Galp will enter into licenses PEL 56 and PEL 91 with the Venus discovery. An investment decision for the Venus project is targeted for 2026; an exploration and appraisal drilling campaign will start at Mopane in the same year. The companies are focusing on sustainable development, local value creation and cooperation with the authorities in order to turn Namibia into a major energy producer.
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TotalEnergies and Galp launch offshore oil project in Namibia
totalenergies.comNamibia: TotalEnergies concludes agreement with Galp to enter as operator in the prolific PEL 83 license, including the Mopane discovery
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