Offshore Exploration

Petrobras has agreed to buy a 75% working interest in São Tomé and Príncipe’s offshore Block 3, taking operatorship from Oranto Petroleum.

QatarEnergy acquires 27.5% in Namibia’s Block 2813B, strengthening its presence in Africa’s offshore energy sector near the Venus discovery.

Chevron Nigeria’s new shallow offshore discovery in the Western Niger Delta boosts Nigeria’s oil reserves, with further appraisals planned to assess viability.

TotalEnergies redirects its exploration efforts from South Africa to more viable regions near Namibia, impacting local energy plans.