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TotalEnergies, Namibia still negotiating Venus terms as 2026 FID target nears

TotalEnergies, Namibia still negotiating Venus terms as 2026 FID target nears

by Offshore Reporter | Oct 15, 2026 | Offshore

Namibia and TotalEnergies are still negotiating terms for the 160,000-bpd Venus oil project, putting Total’s 2026 FID target and first oil by 2030 at risk.

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TotalEnergies, Namibia still negotiating Venus terms as 2026 FID target nears

Latest News

Equinor’s Grimsnes discovery adds up to 50 MMboe near Oseberg in North Sea

DNO pilot well at Symra adds up to 15 MMboe, lifts field volumes by up to 25%

Kistos acquires 10% stake in Ringhorne licenses from Vår Energi

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