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Thursday, 25 June 2026
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Thursday, 25 June 2026
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Namibian press · Organization

QatarEnergy

Also known as: Qatar Petroleum

Partner in Shell's oil discovery offshore Namibia in the Orange Basin, announced June 2026.

2023-04-042026-06-25
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What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

  1. June 2026

  2. The Namibian

    QatarEnergy announced new oil discovery off the coast of Namibia with Shell

    Source

    “QatarEnergy and Shell have announced a new oil discovery off the coast of Namibia.”

    New oil discovery offshore Namibia
  3. February 2026

  4. The Namibian

    QatarEnergy is the largest shareholder in Venus with 35.25% stake

    Source

    “The largest shareholder in Venus is QatarEnergy (35.25%).”

    Namibia is a ‘golden province’ for TotalEnergies
  5. August 2024

  6. The Namibian

    QatarEnergy abandoned the Brulpadda and Luiperd gas project partnership

    Source

    “This came shortly after its main project partner, the strategically important QatarEnergy (owned by the state of Qatar and previously known as Qatar Petroleum), had thrown in the towel.”

    TotalEnergies takes its foot off the gas – why SA lost a huge energy deal
Mining & Energy

Shell and QatarEnergy announce oil discovery offshore Namibia

The News

Shell, alongside partners QatarEnergy and Namcor, announced an oil discovery from the Merlin-1X exploration well in PEL 39 in the Orange Basin. Namcor said the well has delivered good reservoir quality, light oil and limited associated gas, making it the best result of ten wells drilled in the licence so far.

Why it matters

Shell-QatarEnergy oil discovery in Orange Basin marks a significant natural resource milestone with potential long-term economic implications for Namibia.

10 June 2026 · The Namibian →

Wednesday 10 June

  1. Shell and QatarEnergy announce oil discovery offshore Namibia

    Shell, alongside partners QatarEnergy and Namcor, announced an oil discovery from the Merlin-1X exploration well in PEL 39 in the Orange Basin. Namcor said the well has delivered good reservoir quality, light oil and limited associated gas, making it the best result of ten wells drilled in the licence so far.

    10 June 2026 · The Namibian →

Saturday 25 April

  1. Namibia struggles to convert oil wealth into local jobs and control

    Namibia's offshore oil is legally owned by investors with 90%, while the state receives revenue through taxes and royalties, limiting the country's control over development decisions and ability to secure local benefits. President Nandi-Ndaitwah has positioned the delayed petroleum amendment bill as critical to strengthening the state's bargaining position on local content, job creation, and value retention, though fundamental investor control over operations cannot be altered.

    25 April 2026 · Namibian Sun →

Wednesday 1 April

  1. Namibia reviews TotalEnergies' Venus oil development plan

    The Namibian government has begun reviewing a field development plan from TotalEnergies for the Venus oil project, a key step toward formal negotiations and investment approval. The project is projected to generate between N$127 billion and N$229 billion in government revenue over 25 years, potentially accounting for 7.9% to 14.2% of total government income.

    1 April 2026 · The Namibian →

Monday 16 February

  1. TotalEnergies expands in Namibia with Mopane field stake

    French oil giant TotalEnergies has announced a deal with Galp to enter the Mopane field off Lüderitz with a 40% stake, complementing its 35.25% stake in the Venus field. The company plans to develop both fields as part of a multi-FPSO hub, with potential combined oil production of up to 350,000 barrels per day by 2030–2032.

    16 February 2026 · The Namibian →

Friday 13 February

  1. Libya awards first foreign oil licences since Gaddafi's fall

    Libya granted oil exploration and production licences to foreign energy companies including Chevron and BP on Wednesday, marking the first such awards since Muammar Gaddafi's 2011 overthrow, though only five of 20 blocks offered received bids. Analysts attributed the limited response to concerns over Libya's political division and security risks.

    13 February 2026 · New Era →

Tuesday 10 February

  1. Energy Minister: TotalEnergies deal broke Namibia's approval requirements

    Namibia's Minister of Industries, Mines and Energy expressed concern that TotalEnergies and Galp Energies failed to obtain prior government approval before announcing their acquisition of oil interests in PEL83 (Mopane discovery) and PEL56 (Venus discovery), despite such approval being legally required.

    10 February 2026 · Informanté →

Tuesday 3 February

  1. TotalEnergies and Galp reshape Orange Basin operatorship

    TotalEnergies and Galp have announced a partnership reshaping operatorship of key offshore licences in Namibia's Orange Basin, with TotalEnergies taking over PEL 83 (Mopane) and Galp acquiring interests in PEL 56 and PEL 91 (Venus). The companies briefed President Nandi-Ndaitwah on their long-term commitment to developing these discoveries responsibly while creating jobs and economic benefits for Namibians.

    3 February 2026 · New Era →

  2. TotalEnergies, Galp brief president on offshore petroleum partnership

    TotalEnergies and Galp Energia met President Netumbo Nandi-Ndaitwah to update her on their December agreement involving offshore petroleum licences, with TotalEnergies taking operatorship of the Mopane discoveries and Galp entering the Venus project. Both companies outlined expected contributions to employment and local industry participation, with Venus development projected to generate N$127–229 billion over 25 years.

    3 February 2026 · The Namibian →

Friday 9 January

  1. Oil discoveries position Namibia as African exploration frontier

    Recent major offshore oil and gas discoveries in Namibia's Orange Basin since 2022 are attracting global investment and generating optimism across African upstream energy sectors, with additional drilling campaigns and exploration planned for 2026 and beyond to confirm commercial viability and advance development.

    9 January 2026 · New Era →

QatarEnergy — Namibian press coverage · Namibia Minute