Namibian Minister of Mines and Energy Tom Alweendo
Namibia continues to yield exploration success
TotalEnergies explains it is seeking the ‘sweet spots’ to develop fields with unevenly distributed resources
TotalEnergies has confirmed a fresh discovery in Namibia amid ongoing drilling, marking more exploration success off the coast of the southern African country. The French major’s latest find was at the Mangetti-1X exploration well, where “we found again the hydrocarbon level of Venus, or the [field] extension to the north”, said CEO Patrick Pouyanne. But he warned that, although “there are a lot of hydrocarbons”, the discovery is “not a homogeneous field”, explaining “there are some sweet spots in terms of productivities and permeability”, that the company intends to identify and target. The CEO confirmed that “we have another exploration potential well on the south of Venus, and we also con
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
