TotalEnergies and Qatar Expand Namibia Oil Exploration Into South Africa

TotalEnergies and Qatar Expand Namibia Oil Exploration Into South Africa

OilPrice.com

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TotalEnergies and QatarEnergy are expanding their efforts to explore for oil and gas in the Orange Basin offshore Namibia by acquiring a nearby license in the basin in South African waters.   TotalEnergies and its partner QatarEnergy have signed an agreement to buy participating interests in Block 3B/4B offshore South Africa from the companies Africa Oil South Africa, Azinam, and Ricocure, the French supermajor said on Wednesday.     Following completion of the transaction, TotalEnergies will hold a 33% participating…

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