TOTALENERGIES TARGETS MID-YEAR START FOR VENUS OIL PROJECT

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TotalEnergies has indicated that the Venus oil project is expected to commence by mid-year, and is currently in the technical development phase.

The Vice President of TotalEnergies, Mike Sangster, made the announcement when he paid a courtesy visit to President Netumbo Nandi-Ndaitwah at state house.

Ministry says TotalEnergies-Petrobras deal not yet final

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The Ministry of Industries, Mines, and Energy says the reported acquisition of a participating interest in a petroleum exploration license between TotalEnergies and Petrobras cannot be recognised as concluded until the required legal process has been followed.
 

TotalEnergies holds consultations on oil exploration impact assessment

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In recent developments in the energy sector, TotalEnergies held consultations in Lüderitz as part of the environmental impact assessment process.

This process is a crucial step in their plans for oil exploration in the Orange Basin, located off the coast of Namibia.

Namibia's oil sector poised for major growth in 2025

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The National Petroleum Corporation of Namibia (NAMCOR) is making progress with detailed post-well studies.

These studies involve analysing core samples, logging data, and fluid samples gathered from the Venus wells.