Brazilian state-owned oil company Petrobas has offered to buy a major stake in energy firm Galp Energia’s Mopane oil discovery, offshore Namibia.
If accepted, Petrobras will become the operator of the Mopane field, which holds an estimated 10 billion barrels of oil equivalent.
Over 12 global firms – including energy majors Shell and ExxonMobil – have expressed interest in acquiring a share in the Mopane project. This comes after Galp launched the sale of a 40% stake in the field in April 2024.
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The inaugural Congo Energy & Investment Forum, taking place from March 24-26 in Brazzaville, will highlight partnership and investment opportunities across all sectors of the Republic of Congo’s energy industry.
AOG 2025 returns to Luanda on September 3-4, bringing together global energy leaders on Angola’s top investment platform.
Delegates are able to access high-level insights from African policymakers and government officials, one-to-one investor matchmaking services and exclusive oil and gas market forecasts.
