Oil Majors Consider Acquisition of Galp's Namibia Oil Prospect

Tuesday, 2 July 2024, 14:44
The article discusses the growing interest of major oil companies in acquiring Galp's oil prospect in Namibia. Companies like ExxonMobil and Total are looking into potential opportunities in the region. The move could signify a shift in focus towards untapped oil reserves and exploration in emerging markets. Overall, the interest from oil majors highlights the potential for new investments and developments in the Namibian oil sector.
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Oil Majors Consider Acquisition of Galp's Namibia Oil Prospect

Oil Majors Eye Potential Acquisition

The article discusses the growing interest of major oil companies in acquiring Galp's oil prospect in Namibia. Companies like ExxonMobil and Total are looking into potential opportunities in the region.

Shift in Focus

The move could signify a shift in focus towards untapped oil reserves and exploration in emerging markets.

Overall, the interest from oil majors highlights the potential for new investments and developments in the Namibian oil sector.

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