Finance
TotalEnergies in discussions to extend Namibia license, CEO says
TotalEnergies in discussions to extend Namibia license, CEO says
Published by Global Banking and Finance Review
Posted on September 4, 2025
Published by Global Banking and Finance Review
Posted on September 4, 2025
HOUSTON (Reuters) -French oil major TotalEnergies is in discussions with Namibian authorities to extend an exploration license, CEO Patrick Pouyanne said on Thursday, while speaking at a Barclays energy conference.
Earlier this year, the company lowered the oil production capacity estimate for a Namibia project and said it expected to make a final investment decision later than initially targeted.
(Reporting by Sheila Dang in Houston;)
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