TotalEnergies Expands Exploration Portfolio Offshore Namibia
TotalEnergies signed deals Friday to acquire a 42.5% interest in a Namibian offshore license. The stake comes from Eight Offshore and Maravilla Oil & Gas.
Insights:
TotalEnergies SE announced on February 6, 2026, that it has signed agreements to acquire a 42.5% interest in an exploration license offshore Namibia 
NA. This completed transaction directly expands the offshore exploration portfolio of the company, which is headquartered in France 
FR. The development is considered significant at the company level as it marks a formal change to the firm's upstream exploration holdings.
NA. This completed transaction directly expands the offshore exploration portfolio of the company, which is headquartered in France FR. The development is considered significant at the company level as it marks a formal change to the firm's upstream exploration holdings.The agreements were signed with Eight Offshore Investments Holdings and Maravilla Oil & Gas, resulting in the transfer of a substantial 42.5% stake in the offshore license. The announcement on February 6, 2026, confirms that the status of the event is completed. This acquisition allows TotalEnergies SE to increase its footprint within the maritime territory of Namibia NA.
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