TotalEnergies becomes operator of Namibia's Mopane discovery holding 1.3 billion barrels
TotalEnergies completed a reciprocal deal with Galp to take a 40% operated stake in Namibia’s PEL83 (Mopane), with Galp likewise increasing its positions in PEL56 and PEL91, reshaping JV interests among Namcor and Custos. The Mopane discovery holds about 1.3 billion boe in the 3C estimate, with TotalEnergies planning a three-well 2026 exploration/appraisal campaign and a potential FID in 2028 for a 2028–2032 development timeline.
Business · 26 sources · Sep 9, 2026Read itThe journal
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About Galp Energia
Galp Energia, SGPS, S.A. is a Portuguese multinational energy corporation, headquartered in Lisbon, Portugal. Galp consists of more than 100 companies engaged in every aspect of the oil and natural gas supply, hydrocarbon exploration and production; refining, trading, logistics and retailing; co-generation and renewable energy. Galp was founded in 1999 through the merger of Petrogal, Gás de Portugal and Transgás. As of 2020, it is the largest oil and gas group in Portugal, where it distributes gas and sells petrol.
Everything about Galp Energia →- Country
- Portugal
- Headquarters
- Lisbon
- Inception
- 1999
- Website
- https://www.galp.com/