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Namibia is 'golden province' for TotalEnergies, says deputy CFO

ReutersFeb 11, 2026 2:51 PM

- Namibia is a "golden province" for TotalEnergies, deputy chief financial officer Arnaud Le Foll said on Wednesday during an analyst call, adding that the company plans to explore a new prospect called Olympe, located near its Venus discovery.

Le Foll also said that the company's Venus project is expected to reach a final investment decision by mid-2026, with first oil targeted for 2030. In addition, TotalEnergies could take a final investment decision on the Mopane project in 2028.

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