Zhong Guo Hua Gong Bao·2025-12-15 03:09Core Viewpoint - TotalEnergies has reached an agreement with Galp Energia to acquire operator rights in the large offshore oil discovery Mopane in Namibia [1] Group 1: Agreement Details - TotalEnergies will acquire 40% of the operator rights in the exploration license 83, which includes the Mopane discovery area [1] - In exchange, Galp will receive a 10% interest in the Venus discovery located in license 56, as well as a 9.39% interest in license 91 [1] Group 2: Financial Commitments - TotalEnergies will cover 50% of the capital expenditures for Galp during the exploration, evaluation, and initial development phases of the Mopane project [1] Group 3: Future Plans - Both companies plan to initiate a new round of exploration and evaluation activities for Mopane within the next two years, including drilling three wells, with the first well scheduled to start drilling in 2026 [1] - The aim is to further confirm the resource scale and advance the development process [1]