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TotalEnergies Lifts Namibian Stakes in Boost for Oil Development

TotalEnergies Lifts Namibian Stakes in Boost for Oil Development
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TotalEnergies increases Namibian stakes to develop key oil discoveries

Starting in 2022, TotalEnergies and Shell Plc made large finds in the waters off Namibia, raising hopes of transforming the economy of the sparsely populated country. ....

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Westmount Energy announces purchase of common shares in Africa Oil Corp

Westmount Energy has announced that it has purchased 300,000 common shares in Africa Oil Corp. The purchase increases Westmount s indirect exposure to anticipated exploration drilling on the Canje and Orinduik blocks, offshore Guyana from 2024 and in addition provides liquid exposure to the scheduled 2023, up to 4 well, appraisal drilling and testing program on the giant Venus discovery in the Orange Basin, offshore Namibia. ....

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Namibia govt considers taking stakes in mining and petroleum companies

Namibia is considering taking minority stakes in mining and petroleum production companies amid increasing concerns over local ownership of valuable resources. ....

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Bridge Street Bites: PDN, SLA

Trouble in Africa for Paladin Resources and API's decision to stand pat with Silk Laser were just two of the myriad stories on a busy ASX Tuesday. ....

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