QatarEnergy boosts stake in Namibian offshore blocks, focusing on the Venus discovery.

QatarEnergy has increased its stake in two offshore exploration blocks in Namibia, acquiring 5.25% in block 2913B and 4.695% in block 2912, both in the Orange Basin. QatarEnergy's interests now stand at 35.25% in block 2913B and 33.025% in block 2912, with TotalEnergies retaining a majority stake as the operator. The move is part of efforts to develop the Venus discovery in block 2913B.

November 24, 2024
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