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
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
