Galp to select partner for Namibia’s Mopane field by year-end

Portuguese energy company Galp Energia is in advanced talks with several major oil companies to divest a 40% stake in its Mopane field offshore Namibia, reported Reuters. According to Galp executive board member Nuno Bastos, the company aims to select a partner by the end of this year. Galp intends to sell half of its 80% stake in the Mopane field, which is estimated to contain reserves of at least ten billion barrels (bbbl). The selected partner will take on the role of operator for the offshore field. ...