Offshore Oil Exploration Booms in Namibia with Key Decisions Looming ...Middle East

Economy by : (OILPRICE) -
Namibia expects France’s TotalEnergies and Norway’s BW Energy to take final investment decisions on oil projects offshore the African country in late 2026, a senior Namibian official says.    TotalEnergies is expected to submit this summer a field development plan for the Venus project, while BW Energy and Namibia are finalizing a plan to develop a smaller discovery, Maggy Shino, Petroleum Commissioner at the Namibian Ministry of Mines and Energy, said on Tuesday.  Both TotalEnergies and BW Energy are set to make…

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