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[QUOTE="Queen, post: 86829, member: 27"]
A massive offshore bet just tightened TotalEnergies grip on Namibia’s oil future and could lock in hundreds of thousands of barrels a day.

Namibia Becomes TotalEnergies Growth Engine
[LIST]
[*]TotalEnergies SE labeled Namibia its new golden province.
[*]Jean-Pierre Sbraire hyped the move during an earnings call.
[*]Deal with Galp's hands, TotalEnergies entry into Mopane.
[*]That pushes stacks onto its existing Venus position.
[/LIST]
Mopane Field And PEL 83 Breakdown
[LIST]
[*]Petroleum exploration licence 83 sits off Lüderitz.
[*]TotalEnergies SE grabs a 40 percent slice in PEL 83.
[*]Mopane discovery anchors that offshore block.
[*]Industry chatter pegs Mopane above Venus in size.
[/LIST]
Venus Stakes And Shareholder Mix
[LIST]
[*]TotalEnergies SE holds 35.25 percent in PEL 56.
[*]QatarEnergy matches that 35.25 percent share in Venus.
[*]PEL 56 houses the Venus offshore find.
[*]Venus stands as Namibia’s first FPSO rollout.
[/LIST]
FPSO Hub And Production Ambitions
[LIST]
[*]Arnaud le Foll targets a mid-2026 Venus decision.
[*]His plan lines up Mopane as project number two.
[*]The company's vision centers on a multi-FPSO hub offshore Namibia.
[*]Upstream projects 350000 barrels daily between 2030 and 2032.
[/LIST]
[/QUOTE]

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