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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.
Not who you're looking for? Others named Sintana: impact crater on Ceres