Galp Energia said it had received nonbinding offers from oil companies to partner at its Mopane discovery in Namibia, a ...

Galp Energia (OTCPK:GLPEF) (OTCPK:GLPEY) said Monday it received non-binding offers from companies to partner at its huge ...

Galp Energia has received non-binding offers from players keen on securing a stake in its huge Mopane oil and gas discovery ...

News from the Mopane-1A appraisal well saw the stock price of Sintana hit C$1.18 (US$0.84) at the close of trading on 29 November, valuing the junior company at about C$440 million.

Galp’s Mopane discovery has become a focal point for these energy giants and could be pivotal in launching Namibia’s oil industry. The geological promise of the basin, ...

Jan. 26, 2024 7:51 AM ETSintana Energy Inc. (SEUSF), SEI:CA In AVO-2, Galp has also discovered a second significant column of light oil in reservoir-bearing sands of high quality. The rig is ...

Exxon Mobil Corporation XOM has withdrawn from the bidding process to acquire a 40% stake in Namibia's offshore Mopane oil discovery from Galp Energia, per a Reuters report. The decision arrived ...

The Mopane discovery is estimated to hold at least 10 billion barrels of oil and gas equivalent and could be valued at over $10 billion. Galp also proposes that the buyer operate the field.