TotalEnergies becomes operator of Namibia's Mopane discovery holding 1.3 billion barrels
TotalEnergies completed a reciprocal deal with Galp to take a 40% operated stake in Namibia’s PEL83 (Mopane), with Galp likewise increasing its positions in PEL56 and PEL91, reshaping JV interests among Namcor and Custos. The Mopane discovery holds about 1.3 billion boe in the 3C estimate, with TotalEnergies planning a three-well 2026 exploration/appraisal campaign and a potential FID in 2028 for a 2028–2032 development timeline.
Business · 26 sources · Sep 9, 2026Read itThe journal
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About AB Custos
AB Custos is a Swedish investment company. In 2004, it came under the control of investors Mats Qviberg and Sven Hagströmer and was merged with their investment company Investment AB Öresund, before being subsequently demerged. The largest shareholder was the chairman, Jonas Wahlström. The firm was rebooted in 2008 and has since acquired several companies, including Metro International in 2017 and Realtid.se.
Everything about AB Custos →- Country
- Sweden
- Inception
- 1937