Africa Links 24 with Nishi Felton
Published on 2026-02-06 15:00:00
Petroleo Brasileiro SA (Petrobras) has acquired a stake in Namibia’s offshore oil.
In a securities filing on Friday, the Brazilian company announced it had purchased a 42.5% stake in oil block 2613 in the Lüderitz Basin, in partnership with TotalEnergies.
“This acquisition marks Petrobras’ return to Namibia and is aligned with the company’s long-term strategy, focused on portfolio diversification and the replenishment of oil and gas reserves through exploration of new…
Read the Full article on The Namibian
