Workers aboard a drillship
Mopane offers Namibia learning curve
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results
Galp’s planned farm-out of the Mopane complex in Namibia may not happen until late next year, as the Portuguese firm continues to carry out appraisal work on the offshore prospect. A number of IOCs have been linked to Galp’s intent to farm-down its 80% stake in the sizeable Mopane prospect. Galp CEO Filipe Silva recently told an earnings call that “we have had a number of discussions, and we do have a short list of super-credible parties that are keen on Namibia”. But he stressed that “this is not the time to tie up with anyone... not before we complete, at least, the next two of the four-well campaign that we have in mind”. As a result, “we will wait until most likely the end of 2025” to si
Also in this section
7 January 2026
No longer can the energy source be considered a sidekick to oil in the Middle East and neither should it step aside for less convincing alternatives
7 January 2026
The global race for critical minerals has become a defining feature of energy geopolitics, presenting the ASEAN region with both opportunity and risk
7 January 2026
As global energy systems evolve to meet shifting demand and transition pressures, maintaining reliable hydrocarbon supply remains essential to energy security
6 January 2026
Cash will be needed to boost production by 30% to meet region’s rapidly rising power demand, executives told the inaugural Middle East Gas Conference in December
