Offshore Oil Exploration Booms in Namibia with Key Decisions Looming

Namibia expects France’s TotalEnergies and Norway’s BW Energy to take final investment decisions on oil projects offshore the African country in late 2026, a senior Namibian official says.    TotalEnergies is expected to submit this summer a field development plan for the Venus project, while BW Energy and Namibia are finalizing a plan to develop a smaller discovery, Maggy Shino, Petroleum Commissioner at the Namibian Ministry of Mines and Energy, said on Tuesday.  Both TotalEnergies and BW Energy are set to make…