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Namibian chemical industry news
9 December 2025
TotalEnergies Becomes Operator in Namibia's PEL 83 License with Galp Agreement
TotalEnergies acquires 40% in PEL83, Galp gets 10% in PEL56. Exploration campaign planned. Transaction completion expected in 2026.
9 December 2025
Galp and TotalEnergies Swap Stakes in Namibian Offshore Blocks
Galp swaps 40% of PEL 83 for stakes in PEL 56 and PEL 91, with TotalEnergies assuming operatorship and sharing exploration costs. Approval expected by 2026.
14 November 2025
TechnipFMC Wins Local Content Award at Namibia Energy Connect 2025
TechnipFMC is recognized for its commitment to developing Namibian talent and enhancing local capabilities in the oil and gas sector through education and strategic partnerships.
14 November 2025
Namport and EU Partner with Port of Rotterdam for Lüderitz Green Minerals Terminal Development
The EU and Port of Rotterdam will design a Green Minerals Terminal in Namibia, enhancing local mineral processing and supporting Europe's clean energy transition.
30 October 2025
bp Advances Bumerangue Discovery Plans in Brazil
bp confirms a large hydrocarbon column at Bumerangue, with appraisal activities set for 2027. Initial results show promising liquid volumes, boosting confidence in the field's potential.
27 October 2025
Galp Q3 2025 Financial Results
Strong Q3 performance with robust cash flow, reduced net debt, and strategic progress in Brazil and Namibia. Upstream, Industrial, and Commercial segments showed solid results.
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20 October 2025
bp Announces Discovery in Namibia's Orange Basin
Volans-1X well in Orange Basin finds 26m of gas condensate reservoirs with high CGR. Third major 2025 discovery for Azule Energy partners. Further evaluation ongoing.
6 October 2025
TotalEnergies Appoints Nicola Mavilla as SVP Exploration
Nicola Mavilla, with 25 years in oil and gas, replaces Kevin McLachlan. He has held key roles at Eni and holds a Ph.D. in Geology.
4 September 2025
Angola's President Meets Eni CEO Descalzi
They discussed Azule Energy's progress, future projects, and initiatives in health, education, and sustainable development in Angola.