Post by
Ebenizer3 on Jun 21, 2024 8:07am
Just a rumor...IDK but someone does...
https://seekingalpha.com/article/4700327-totalenergies-could-namibia-be-its-guyana-moment
"While Total already has the premier position in Namibia ahead of Shell's Jonker and Graff discoveries (~4.6Bboe according to NAMCOR), I see additional upside from Galp's recent 10Bboe discovery just northeast of the Total and Shell operated blocks. Galp, which holds an 80% interest in the field, has announced it would seek to sell half of its stake, worth around $8B according to Bloomberg. Key rumored bidders for the asset include ExxonMobil and Equinor as well as Shell and Total itself. Acquiring an additional ~4Bboe of equity resource in Namibia would solidify Total's position as leader in the basin and potentially take some weight off the Venus discovery."
Seems Chevron also mentioned that they also were looking for a partner, but IDK!!!...until I do. lol...