QatarEnergy to acquire 25% stake in Namibia’s PEL82 licence

QatarEnergy has agreed to acquire a 25% participating interest in an offshore oil and gas exploration licence in Namibia from Chevron Namibia Exploration II, a subsidiary of Chevron.

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The proposed transaction concerns Petroleum Exploration License 0082 (PEL82) covering blocks 2112B and 2212A in the Walvis Basin, offshore Namibia.

Following completion of the transaction, Chevron will continue to operate the licence PEL82.

This story was originally published by Offshore Technology. Read the full story at Offshore Technology →