QP farm-in throws spotlight on Namibian potential
The Qatari NOC is betting on the promise of Total’s Orange Basin play
A farm-in by Qatar Petroleum (QP) on acreage operated by Total in Namibia is the latest in a series of similar tie-ups between the two firms around the world. But it also reflects hopes that Namibia’s share of the Orange Basin, which straddles the border with South Africa, could be on the brink of becoming a major oil play. QP is to take a 30pc interest in Block 2913B, leaving Total with a 40pc holding. The other partners are Impact Oil and Gas (20pc), and state oil firm Namcor (10pc). On the adjacent Block 2912, QP will hold a 28.33pc stake, Total will hold 37.78pc, Impact Oil 18.89pc and Namcor 15pc. The deals are subject to approvals by Namibian regulators and the partners. Early attentio
Also in this section
14 March 2025
Gas production slumped to an eight-year low in 2024, but new discoveries and partnership with Cyprus paint a more positive outlook
13 March 2025
Gas will become a more important part of the energy mix longer-term, raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
