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TotalEnergies (France) has agreed to increase its stakes in Namibia’s offshore oil blocks 2913B and 2912, buying respectively an extra 10.5% and a further 9.39% in them from Impact Oil and Gas Namibia Limited. The French oil and gas supermajor, which operates both assets, will now own a 45.25% stake in block 2913B containing the Venus oilfield discovery, and a 42.5% stake in block 2912, it said on Wednesday (January 10). “This transaction not only increases our share in the Venus discovery and remaining prospectivity on these blocks, but also represents a key step toward the development of Ven…

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