Exxon, Shell among oil giants linked to Galp’s Namibia block
Exxon Mobil ,Shell , TotalEnergies and Equinor are among major energy companies evaluating bids for a 40% stake in Galp ...
Tag: Namcor
High development costs behind Galp’s stake sale
Portuguese company Galp Energia has revealed that capital limitations are the main reason behind its decision to sell its stake ...
Angola’s Azule Energy acquires stake in Namibia oil block
Azule Energy, an Angolan energy joint venture between bp and Eni, has acquired a stake in Namibia's offshore Block 2914A ...
Galp Energia invests N$1.5bn in Namibian upstream projects in Q1
Galp Energia says it invested approximately N$1.5 billion towards upstream projects in Namibia in the first quarter (Q1) of 2024. ...
TotalEnergies targets 180,000 bpd production in first phase of Venus project
TotalEnergies is targeting production of as much as 180,000 barrels per day (bpd) in the first phase of its Venus ...
Sintana in N$58m deal to acquire stake in PEL 79 offshore Namibia
Sintana has entered into an agreement with Crown Energy, a private Namibian company, to acquire up to 67% of Giraffe ...
Galp seeks to sell stake in Namibia oil block
Portuguese company Galp Energia is reportedly planning to sell half of its stake in an exploration block offshore Namibia, where ...
Shell in new Namibia oil discovery
Shell has successfully completed its latest deepwater drilling effort offshore Namibia, confirming the presence of hydrocarbons. The Enigma-1X probe is ...
