QatarEnergy has entered into an agreement with TotalEnergies to acquire additional interests in two offshore blocks in Namibia's Orange Basin. The acquisition includes a 5.25% interest in block 2913B (PEL 56) and a 4.695% interest in block 2912 (PEL 91).

TotalEnergies has agreed to farm-out additional interests in an exploration asset offshore Namibia to QatarEnergy.

QatarEnergy inked a deal on Sunday with TotalEnergies to obtain an extra 5.25-percent interest in Block 2913B and an extra 4.695-percent interest in

The Qatari heavyweight is set to acquire additional stakes in blocks 2913B and 2912, located about 300 kilometres offshore Namibia

QatarEnergy has signed an agreement with France’s TotalEnergies to acquire additional stakes in two exploration blocks in the Orange Basin, off Namibia. The state-backed gas giant will acquire an additional 5.

QatarEnergy has entered into an agreement with TotalEnergies to acquire additional offshore exploration interests in the Orange Basin off the coast of Namibia, it said on Sunday. The deal includes a 5.25% increase in QatarEnergy's stake in block 2913B and a 4.695% increase in block 2912, QatarEnergy said in a statement.

The Qatari company’s ‘participating interest’ has been bumped up in block 2913B to 35.25 percent, and 33.025 percent in block 2912. QatarEnergy has strengthened its presence in offshore Namibia

QatarEnergy has entered into an agreement with TotalEnergies to acquire an additional 5.25% interest in block 2913B (PEL 56) and an additional 4.695% interest in block 2912 (PEL 91), both located in the Orange Basin,