Namibia continues to yield exploration success
TotalEnergies explains it is seeking the ‘sweet spots’ to develop fields with unevenly distributed resources
TotalEnergies has confirmed a fresh discovery in Namibia amid ongoing drilling, marking more exploration success off the coast of the southern African country. The French major’s latest find was at the Mangetti-1X exploration well, where “we found again the hydrocarbon level of Venus, or the [field] extension to the north”, said CEO Patrick Pouyanne. But he warned that, although “there are a lot of hydrocarbons”, the discovery is “not a homogeneous field”, explaining “there are some sweet spots in terms of productivities and permeability”, that the company intends to identify and target. The CEO confirmed that “we have another exploration potential well on the south of Venus, and we also con
Also in this section
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution






