TotalEnergies and Petrobras Acquire Stake in Namibia Oil Exploration License
ByAinvest
Friday, Feb 6, 2026 10:29 am ET1min read
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TotalEnergies and Petrobras have acquired a 42.5% stake each in an oil exploration license off the coast of Namibia. The deal was not disclosed. The license is located off the coast of Namibia. TotalEnergies is a French multinational energy company, and Petrobras is the Brazilian state-owned oil company.
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