Overview
- The agreements cover Block 2613 in the Lüderitz Basin, spanning roughly 11,000 square kilometers offshore Namibia.
- Upon completion, the licence will be held by TotalEnergies (42.5% operator), Petrobras (42.5%), Namcor (10%), and Eight (5%).
- Maravilla Oil & Gas will exit the asset, while Eight Offshore Investments will retain a minority stake.
- Closing remains subject to customary conditions, including approvals from Namibian authorities such as the Ministry of Industry, Mines, and Energy.
- TotalEnergies cites portfolio strengthening alongside Venus and Mopane progress, and Petrobras says the deal fits its 2026–2030 plan for diversification and reserves replenishment.