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Wednesday, 21 October 2026
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Wednesday, 21 October 2026
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Namibian press · Organization

TotalEnergies

Also known as: French oil giant TotalEnergies · FRENCH energy major TotalEnergies · TotalEnergies EP Namibia BV · TotalEnergies EP Congo · Total · TotalEnergies Venus · Totsa · TotalEnergies bidding group · trading arm of TOTSA · TotalEnergies Marketing South Africa

French company in negotiations with Namibia over offshore Venus oil project and recently selected as bulk fuel supplier for Q4 2026.

2022-10-262026-10-21

News reports

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What’s been said

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  1. June 2026
  2. The Namibian

    TotalEnergies offered price higher than BFP

    Source

    “The last bid came from TotalEnergies, who offered a price higher than the BFP.”

    Namcor wanted government guarantees – Amutse
  3. The Namibian

    TotalEnergies is expected to make its final investment decision on the Orange Basin before the end of 2026

    Source

    “TotalEnergies is expected to make its final investment decision (FID) on the Orange Basin before the end of 2026.”

    What Are Oil and Gas Companies Looking For?
  4. The Namibian

    TotalEnergies is expected to make final investment decision before 2026 ends

    Source

    “TotalEnergies, one of the most significant players in Namibia's Orange Basin, is expected to make its final investment decision (FID) before 2026 ends.”

    The Energy Explainer Part 2: The Readiness Gap – Why Most SMEs Aren’t Ready Yet
  5. The Namibian

    TotalEnergies operates global supplier portal

    Source

    “TotalEnergies operates a global supplier portal and the National Petroleum Corporation of Namibia accepts supplier registrations online.”

    The Energy Explainer Part 2: The Readiness Gap – Why Most SMEs Aren’t Ready Yet
  6. May 2026
  7. Windhoek Observer

    TotalEnergies expected by Fitch to reach final investment decision on Venus offshore oil project by end of 2026

    Source

    “Fitch expects TotalEnergies' Venus offshore oil project to reach a final investment decision by the end of 2026, with production potentially starting between 2031 and 2032.”

    Debt to hit 66% of GDP in 2026 – Fitch
  8. Windhoek Observer

    TotalEnergies is planning Venus offshore oil development

    Source

    “This represents annual growth of 74.4%. Simonis Storm linked the increase to mining sector investment, contractor mobilisation around uranium and gold projects, and preparations linked to the planned Venus offshore oil development led by TotalEnergies.”

    Vehicle market cools after March surge
  9. Windhoek Observer

    TotalEnergies holds exploration licence in Namibia

    Source

    “These include Shell Exploration & Production, TotalEnergies, Chevron Namibia, ExxonMobil, Galp Energia and Rhino Resources.”

    Offshore oil, gas sector continues to attract international interest
  10. The Namibian

    TotalEnergies made discoveries at Graff and Venus

    Source

    “Combined with Shell and TotalEnergies' discoveries at Graff and Venus, experts suggest up to five billion barrels of recoverable oil.”

    How Namibia Can Leapfrog Africa’s Industrial Trap
  11. April 2026
  12. Informanté

    TotalEnergies continued to progress the Venus discovery with development planning underway

    Source

    “TotalEnergies continued to progress the Venus discovery, one of the largest offshore finds in recent years, with development planning underway.”

    Namibia’s oil and gas sector advances toward development phase — report
  13. The Namibian

    TotalEnergies is progressing Venus development toward mid-2026 final investment decision

    Source

    “Rhino Resources announced it is preparing to drill the Capricornus well in the coming months, while TotalEnergies is progressing its Venus development toward a mid-2026 final investment decision.”

    Namibia fast-tracks oil reform
Business

Single N$200m project masks weakness in Windhoek construction

The News

Building plan approvals in Windhoek and Swakopmund rose 57.5% in value in September, but excluding one N$200 million commercial project, Windhoek's approvals fell 13.2% year-on-year, indicating the increase was driven by larger projects rather than broader growth. The report notes construction activity is constrained by approval delays, with a median time of 63 days, and completions in Windhoek have declined 41% year-to-date.

14 October 2026 · Windhoek Observer →

Wednesday 14 October

  1. Single N$200m project masks weakness in Windhoek construction

    Building plan approvals in Windhoek and Swakopmund rose 57.5% in value in September, but excluding one N$200 million commercial project, Windhoek's approvals fell 13.2% year-on-year, indicating the increase was driven by larger projects rather than broader growth. The report notes construction activity is constrained by approval delays, with a median time of 63 days, and completions in Windhoek have declined 41% year-to-date.

    14 October 2026 · Windhoek Observer →

Friday 9 October

  1. Oil exploration rental fees surge to N$37.93 million

    Revenue from oil exploration rental fees nearly quadrupled budgeted expectations to reach N$37.93 million as licence holders renewed or extended contracts amid increased exploration activity, the Auditor-General's audit of the ministry of industries, mines and energy shows. Diamond royalty revenue, by contrast, fell N$629.99 million short of the Ministry's estimate, collecting N$1.15 billion against the projected N$1.78 billion, attributed to reduced production by local diamond companies.

    9 October 2026 · Windhoek Observer →

Monday 5 October

  1. Vitol fuel deal saved Namibia N$400–700 million

    A fuel supply agreement with Vitol saved Namibia between N$400 million and N$700 million over four months (July–October 2026) by eliminating additional premiums that fuel importers normally add to the basic price, the Industries, Mines and Energy Minister announced on Friday.

    5 October 2026 · The Namibian →

Sunday 4 October

  1. Namibia and TotalEnergies locked in offshore oil deal negotiations

    The Namibian government and French company TotalEnergies remain in talks over the country's first major offshore oil project following the 2022 Venus discovery, with reported disagreements over licence period, international arbitration, taxation, the new petroleum law, and a stabilisation clause that would limit future legislative changes.

    4 October 2026 · The Namibian →

Saturday 3 October

  1. Namibia GDP grows 4.8% in Q2, mining contracts

    Real GDP expanded 4.8% year-on-year in the second quarter, driven by services growth of 6.1%, agriculture of 17.8%, and wholesale and retail trade of 9%, while mining contracted 3.1% with uranium down 12.0%. Headline inflation rose to 5.0% in August from 4.4% in July, with transport inflation reaching 13.2%, while the South African Reserve Bank raised its policy rate by 25 basis points.

    3 October 2026 · Informanté →

Friday 2 October

  1. Petrol price rises N$1.50; diesel prices held steady

    Namibia's Ministry of Industries, Mines and Energy announced that Petrol 95 will increase by N$1.50 per litre to N$26.58 from 7 October 2026, while Diesel 50 ppm and Diesel 10 ppm prices remain unchanged at N$27.86 and N$27.96 per litre respectively. The decision followed a review of international oil prices, exchange rates, and import costs, with the ministry recording significant increases in international petroleum prices driven by geopolitical tensions and supply disruptions.

    2 October 2026 · Informanté →

Wednesday 30 September

  1. TotalEnergies eyes October decision on Namibia oil investment

    TotalEnergies chief executive Patrick Pouyanné said the company could make a final decision in October on whether to invest N$279 billion in Namibia's Venus oil field, discovered offshore in 2022. The project is expected to produce 160,000 barrels per day once fully operational.

    30 September 2026 · The Namibian →

  2. Bank of Namibia recommends measures for first oil production

    The Bank of Namibia has called for immediate gazetting of the Petroleum Amendment Bill and Sovereign Wealth Fund Bill, plus binding Local Content legislation, targeted public-sector capacity-building, and a coordinated communication strategy to strengthen the country's preparedness as a first-time oil producer. The oil and gas sector has attracted about N$74.4 billion in Foreign Direct Investment between 2021 and 2025, representing 56% of total FDI inflows during that period.

    30 September 2026 · Windhoek Observer →

Tuesday 29 September

  1. Lawyer urges Namibia to delay TotalEnergies Venus decision

    Columbia University adjunct professor Jenik Radon has warned that Namibia could benefit from delaying TotalEnergies' final investment decision on its Venus oilfield to prepare its legal framework, cautioning that international oil companies can take advantage if a country's legal system is not prepared.

    29 September 2026 · The Namibian →

  2. Lawyer urges Namibia to delay TotalEnergies Venus decision

    Jenik Radon, a Columbia University adjunct professor, told the Bank of Namibia symposium that delaying TotalEnergies' final investment decision on its Venus oilfield would give Namibia time to prepare its legal framework and avoid disadvantageous terms like stabilisation clauses.

    29 September 2026 · The Namibian →

  3. TotalEnergies targets Namibia in oil and gas growth beyond 2030

    TotalEnergies has identified Namibia among countries expected to support its oil and gas production growth, with plans to maintain a production plateau of around 3 million barrels of oil equivalent per day until 2035, supported by projects in Namibia, Nigeria, Libya, Malaysia, Mozambique and Papua New Guinea.

    29 September 2026 · Windhoek Observer →

Monday 28 September

  1. Namibia opens first public pediatric intensive care unit

    Namibia inaugurated a N$28 million Paediatric Intensive Care Unit at Windhoek Central Hospital, its first dedicated facility in the public health sector. The Health Minister said the unit is critical to achieving targets under the Sixth National Development Plan to reduce neonatal and under-five mortality rates by 2030.

    28 September 2026 · Informanté →

Thursday 24 September

  1. Mediclinic boosts Remgro headline earnings up 42%

    Mediclinic Holdings' improved operational performance helped drive a 42.3% increase in Remgro's headline earnings to N$11.14 billion for the year ended 30 June 2026, with the healthcare group contributing an additional N$1.37 billion. Mediclinic Southern Africa operates three private hospitals in Namibia, located in Windhoek, Swakopmund, and Otjiwarongo.

    24 September 2026 · Windhoek Observer →

Wednesday 23 September

  1. TotalEnergies selected as sole bulk fuel supplier for Q4 2026

    The Ministry of Industries, Mines and Energy announced that TotalEnergies has been selected as the sole supplier of Namibia's bulk petrol and diesel for November 2026 to January 2027. New oil player Nasan Energies, founded in late 2024 and majority-owned by Millennium Group chief executive Miguel Hamutenya, participated in the bidding round, while state-owned Namcor did not.

    23 September 2026 · The Namibian →

  2. Namibia opens first dedicated public paediatric ICU

    Health minister Esperance Luvindao inaugurated Namibia's first dedicated public paediatric intensive care unit at Windhoek Central Hospital, part of a government investment of about N$28 million in medical equipment and infrastructure. The ministry aims to reduce paediatric ICU deaths from the previous 14.5% rate to below 2.5%.

    23 September 2026 · The Namibian →

  3. TotalEnergies wins three-month fuel supply contract for Namibia

    TotalEnergies has been awarded a contract to supply Namibia with petrol and diesel from November 2026 to January 2027, offering discounts of 61 cents per litre on diesel and 71 cents on petrol against the Basic Fuel Price, with an estimated saving of N$220.5 million over the contract period covering approximately 345.3 million litres.

    23 September 2026 · New Era →

  4. Namibia's 2026 vehicle sales forecast remains steady despite rising costs

    Namibia's vehicle market is expected to maintain momentum through the remainder of 2026, with forecasts of 15,500 to 16,500 units for the full year, though rising inflation, fuel prices and vehicle running costs are creating tougher operating conditions. For 2027, sales forecasts range from 17,000 to 19,000 units if TotalEnergies' Venus project investment decision is confirmed, or 15,000 to 17,000 units if delayed.

    23 September 2026 · Windhoek Observer →

Tuesday 22 September

  1. TotalEnergies wins Namibia's three-month fuel supply contract

    Namibia has selected a TotalEnergies-led group to supply bulk petrol and diesel for three months from November to January, covering approximately 345 million litres with expected savings of about N$220.5 million through an average discount of 63.85 cents per litre.

    22 September 2026 · Informanté →

  2. Namibian bonds recorded strong 2025 returns despite domestic fiscal stress

    Namibian bonds returned 16.38% in 2025, the second-strongest year on record, but the gains were driven by a regional rally in South African bonds rather than domestic fundamentals. The local market faced widening budget deficits, slower growth, and increased spreads, with returns insulated by imported foreign investor demand.

    22 September 2026 · Windhoek Observer →

Monday 21 September

  1. TotalEnergies selected as Namibia's sole fuel supplier, three months

    TotalEnergies will supply all petroleum and diesel to Namibia from November 2026 to January 2027, offering discounts of 61 cents per litre on diesel and 71 cents per litre on petrol, saving the government approximately N$220.5 million over the three-month period.

    21 September 2026 · The Namibian →

Friday 11 September

  1. TotalEnergies announces Acacia-5 discovery on Angola Block 17

    TotalEnergies announced the Acacia-5 discovery on Block 17 in Angola, which will increase production by 6,000 barrels per day with first oil expected three months after the June discovery. The discovery is the second exploration success in 2026 for TotalEnergies' Angolan portfolio.

    11 September 2026 · Windhoek Observer →

Monday 7 September

  1. TotalEnergies plans Mopane appraisal, FID targeted for 2028

    TotalEnergies, which completed acquisition of operatorship of PEL 83 from Galp in December 2025, plans to begin a three-well appraisal campaign on the Mopane discovery as early as mid-2026 and target a final investment decision on the project in 2028, while exploring further opportunities beyond the development.

    7 September 2026 · Windhoek Observer →

Thursday 3 September

  1. TotalEnergies receives final approval to operate Mopane oil block

    The Namibian government has approved TotalEnergies' takeover as operator of petroleum exploration licence 83, which contains the Mopane discovery. TotalEnergies now owns 40% of the block, with partner Galp Energia holding 40%, and plans a three-well appraisal campaign ahead of a final investment decision targeted for 2028.

    3 September 2026 · The Namibian →

Tuesday 1 September

  1. Windhoek introduces permit system for heavy vehicles

    The City of Windhoek is launching a new permit system for heavy vehicles over nine tonnes entering the city from 1 September, requiring operators to obtain permits for delivery or authorised purposes and restricting unpermitted vehicles to industrial areas. The city says the system is needed to reduce congestion and road damage caused by rising heavy vehicle traffic.

    1 September 2026 · The Namibian →

Sunday 30 August

  1. Namibia urges global investors to develop oil and gas sector

    The Minister of Industries, Mines and Energy, speaking at the Offshore Northern Seas Summit in Norway, urged international investors to explore Namibia's emerging oil and gas opportunities, noting that the country has moved beyond exploration to the development phase with recent discoveries in the Orange Basin including Venus, where partners plan a floating production system with approximately 160,000 barrels per day capacity.

    30 August 2026 · Informanté →

  2. Equinor acquires stake in Namibia offshore oil exploration

    Norwegian energy major Equinor has acquired a 17.4% participating interest in Petroleum Exploration Licence 90 (PEL 90) offshore Namibia and expressed optimism about the potential for a significant oil discovery in the Orange Basin, with a drill-ready prospect scheduled for testing later this year.

    30 August 2026 · Informanté →

Monday 24 August

  1. Venus oil project offers US$17 billion entrepreneurial ecosystem opportunity

    The proposed Venus oil discovery could require US$17 billion in investment—exceeding Namibia's estimated annual economy—with planned production of 150,000 barrels of oil equivalent a day. The article argues that entrepreneurs should focus on the supporting ecosystem of services and industries that the major project would create, rather than the headline transaction itself.

    24 August 2026 · Windhoek Observer →

  2. Vehicle sales rise 14.6% year-on-year to 1,523 units in June

    Namibian vehicle sales reached 1,523 units in June 2026, up 14.6% from 1,329 units in June 2025 and 30.4% from May's 1,168 units, marking the strongest June since 2017. First-half 2026 sales totalled 7,845 units, up 11.9% from 7,010 units in H1 2025, the strongest first half since 2018.

    24 August 2026 · Windhoek Observer →

Sunday 23 August

  1. TotalEnergies seeks Venus oil project decision before 2027

    TotalEnergies says a Final Investment Decision on the Venus oil project must be taken before 2027, citing completed engineering work and ongoing discussions with authorities. The company warns that contractor tender offers have validity periods and delays could increase costs or require reassessment.

    23 August 2026 · The Namibian →

Friday 21 August

  1. Namibia must prepare citizens for oil development ahead

    Namibia has made significant offshore oil discoveries but has not yet begun commercial production. Before counting potential revenue, the country needs serious national dialogue about resource ownership, development, government revenue, realistic expectations, and preventing an oil boom from becoming a resource curse—but Namibians currently lack sufficient understanding of the industry.

    21 August 2026 · Windhoek Observer →

TotalEnergies — Namibian press coverage · Namibia Minute