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TotalEnergies becomes operator of Namibia's Mopane discovery holding 1.3 billion barrels
x/namibia
— Sep 3, 2026
TotalEnergies completed a reciprocal deal with Galp to take a 40% operated stake in Namibia’s PEL83 (Mopane), with Galp likewise increasing its positions in PEL56 and PEL91, reshaping JV interests among Namcor and Custos. The Mopane discovery holds about 1.3 billion boe in the 3C estimate, with TotalEnergies planning a three-well 2026 exploration/appraisal campaign and a potential FID in 2028 for a 2028–2032 development timeline.
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Nicole Hardy
FID with a 2032 target still leaves a long runway - Namibia needs to make sure local benefits are locked in now, not later.
TotalEnergies Posts Robust H1 2026 Results
Business
— Jul 19, 2026
TotalEnergies’ earnings and cash flow remained robust across 2024 and 2025, underpinning a continued focus on shareholder returns through dividends and buybacks while funding ongoing upstream and energy-transition investments. Production and operating metrics stayed around 2.4 million boe/d in 2025, with strong LNG, refining, and power segments supporting cash generation and a disciplined capital-spending program to balance growth with returns.
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ADNOC Approves $6.2B Umm Shaif Gas Project
Business
— Jul 21, 2026
ADNOC has taken a final investment decision worth about $6.2 billion to develop the Umm Shaif gas cap in Abu Dhabi with TotalEnergies, Eni and CNPC, aiming to unlock more than 600 million standard cubic feet per day by 2030 and strengthen the UAE’s gas supply and LNG capabilities. The investment reflects the UAE’s push to boost domestic gas output and energy security amid rising global demand and regional tensions, with related developments like the Bab gas cap expanding output and LNG capacity.
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Video
— YouTube
Jon on Trump's Meme Assault on Canada & the Alternate Reality He's Constructed | The Daily Show
The Daily Show · 9M views · Sep 9, 2026
21:06
