Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Mexico’s upstream Pemex gamble
The government refuses to expand E&P access despite the NOC’s high debt pile, falling crude output and growing gas import dependence
Middle East doubling down on oil strength
Saudi Arabia, the UAE, Iraq and Kuwait aim to turn geological advantage into sustained geopolitical power via greater spare capacity
Deepwater’s race against time
E&Ps are on the lookout for the next big deepwater discovery amid questions over the Guyana and Santos basins, but technological advancements provide optimism
Russia may defy production capacity doubters
The OPEC+ producer could bring significant idle barrels to the market in the next 12 months
Challenger advances in Uruguay’s frontier
The UK-listed junior’s strategy is maturing prospects and then bringing on board bigger partners to continue development
Arrow’s oil positivity defies Colombia headwinds
CEO Marshall Abbott highlights success in the Llanos Basin and explains why Colombia has a lot of untapped potential
Appalachian gas returns to steady growth
New pipeline projects will boost egress from the region as the gas market expands amid datacentre demand and higher LNG exports
Vostok Oil at risk of freezing over
The Russian megaproject is facing delays and strategic headwinds that could see it becoming stranded in the Arctic ice
Unlocking Georgia’s gas potential
The country is making its upstream sector more attractive to investors as it aims to boost production of oil and gas, with the latter the main focus
Thailand’s upstream revival picks up speed
The Southeast Asian producer has reversed declining output and is pushing on with a deepwater-focused new bidding round
Namibian Minister of Mines and Energy Tom Alweendo
Namibia Upstream
Simon Ferrie
12 February 2024
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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
OPEC+ exposes its producers’ limits
13 October 2025
Saudi Arabia, the UAE and Iraq appear to be only members able to increase output as Russia approaches close to maximum capacity
Petroleum Economist: October 2025
13 October 2025
The October 2025 issue of Petroleum Economist is out now!
Russia’s fuel crisis: Difficult but not catastrophic
10 October 2025
International and opposition media claim that two-fifths of the country’s refining capacity is offline, but the true situation is not so dire
An all-energy stance
9 October 2025
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search