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Namibia and TotalEnergies are still negotiating the development terms for the Venus oilfield, with a tight target for production to start in 2030.
According to Bloomberg Markets, as the year-end approaches, Namibia and TotalEnergies SE are still negotiating the terms for the development of the latter's Venus oilfield in Namibia. This makes the target of achieving first production before 2030 even more pressing for both parties.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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