On December 9, 2025, TotalEnergies signed a major agreement with Galp Energia to acquire the operatorship of the Mopane oil discovery (PEL 83) offshore Namibia.

A significant development in the global energy landscape: Libya's new onshore oil discovery is poised to reshape the North African energy sector. This is more than just a new find; it's a strategic game-changer for Libya and its international partners. This isn't just another discovery; it's a commercially strategic find that leverages existing infrastructure and shifts the investment calculus for North Africa. 1 . The Asset: Bolstering 48.4 Billion Barrels. The discovery re