Core Insights - TotalEnergies and Chevron are the leading candidates to acquire a 40% operating stake in Galp Energia's Mopane oil discovery offshore Namibia [1][3] - The Mopane field is estimated to contain at least 10 billion barrels of oil, attracting significant interest from global energy companies [2] - Namibia aims to become a top-15 global oil producer within the next decade, despite currently having no commercial oil production [2] Company Developments - Galp plans to select a partner for the Mopane project by the end of the year, with negotiations ongoing with a shortlist of preferred bidders [3] - TotalEnergies and Chevron both operate nearby oilfields in Namibia's Orange Basin, with TotalEnergies' Venus project potentially offering synergies despite development challenges [4] - TotalEnergies' success in Namibia would enhance Africa's role in its upstream portfolio, which constitutes up to 40% of its global oil and gas output [5]