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
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
