{"id":61369,"date":"2024-01-12T11:16:26","date_gmt":"2024-01-12T11:16:26","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia"},"modified":"2024-01-12T11:43:36","modified_gmt":"2024-01-12T11:43:36","slug":"totalenergies-increases-stakes-in-two-blocks-offshore-namibia","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia","title":{"rendered":"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Namibia. <\/strong><\/span>TotalEnergies has inked an agreement to increase its participation in two offshore Namibian exploration licenses.<\/p>\n<p>The French multinational is set to acquire an additional 10.5% participating interest in Block 2913B \u2013 home to the Venus discovery \u2013 and a further 9.39% stake in Block 2912 from Impact Oil and Gas, pending approval from Namibian regulators and joint venture partners. If approved, the deal would boost TotalEnergies\u2019 stakes to 45.25% and 42.5%, respectively.<\/p>\n<p>Upon completion of the agreement, TotalEnergies will make a payment of $99 million to Impact Oil and Gas, covering not only the acquisition, but also the reimbursement of all expenses related to previous activities in the blocks.<\/p>\n<p>\u201cThis transaction not only increases our share in the Venus discovery and remaining prospectivity on these blocks, but also represents a key step toward the development of Venus by consolidating the partnership and securing financing of all partners, which will add value to all stakeholders,\u201d stated Patrick Pouyanne\u0301, Chairman and CEO of TotalEnergies.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/namibia\">Namibia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Namibia. TotalEnergies has inked an agreement to increase its participation in two offshore Namibian exploration licenses. The French multinational is set to acquire an additional 10.5% participating interest in Block 2913B \u2013 home to the Venus discovery \u2013 and a further 9.39% stake in Block 2912 from Impact Oil and Gas, pending approval [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":61368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,236,233],"class_list":["post-61369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TotalEnergies Increases Stakes in Two Blocks Offshore Namibia - Namibia<\/title>\n<meta name=\"description\" content=\"TotalEnergies has inked an agreement to increase its participation in two offshore Namibian exploration licenses. The F ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia\" \/>\n<meta property=\"og:description\" content=\"TotalEnergies has inked an agreement to increase its participation in two offshore Namibian exploration licenses. The F ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-12T11:16:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-12T11:43:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia\",\"datePublished\":\"2024-01-12T11:16:26+00:00\",\"dateModified\":\"2024-01-12T11:43:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia\"},\"wordCount\":174,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia\",\"name\":\"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia - Namibia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg\",\"datePublished\":\"2024-01-12T11:16:26+00:00\",\"dateModified\":\"2024-01-12T11:43:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"TotalEnergies has inked an agreement to increase its participation in two offshore Namibian exploration licenses. The F ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg\",\"width\":1728,\"height\":1080,\"caption\":\"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/namibia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/\",\"name\":\"Namibia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia - Namibia","description":"TotalEnergies has inked an agreement to increase its participation in two offshore Namibian exploration licenses. The F ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia","og_locale":"en_US","og_type":"article","og_title":"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia","og_description":"TotalEnergies has inked an agreement to increase its participation in two offshore Namibian exploration licenses. The F ...","og_url":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia","og_site_name":"Namibia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2024-01-12T11:16:26+00:00","article_modified_time":"2024-01-12T11:43:36+00:00","og_image":[{"width":1728,"height":1080,"url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia","datePublished":"2024-01-12T11:16:26+00:00","dateModified":"2024-01-12T11:43:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia"},"wordCount":174,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg","keywords":["africa press","Africa Press-Namibia","namibia"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia","url":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia","name":"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia - Namibia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg","datePublished":"2024-01-12T11:16:26+00:00","dateModified":"2024-01-12T11:43:36+00:00","author":{"@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"TotalEnergies has inked an agreement to increase its participation in two offshore Namibian exploration licenses. The F ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#primaryimage","url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg","contentUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1705047035.936437.jpg","width":1728,"height":1080,"caption":"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/totalenergies-increases-stakes-in-two-blocks-offshore-namibia#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/namibia\/"},{"@type":"ListItem","position":2,"name":"TotalEnergies Increases Stakes in Two Blocks Offshore Namibia"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/namibia\/#website","url":"https:\/\/www.africa-press.net\/namibia\/","name":"Namibia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/61369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/comments?post=61369"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/61369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media\/61368"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media?parent=61369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/categories?post=61369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/tags?post=61369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}