Energy, Oil & Gas

QatarEnergy acquires 25pc stake in offshore Namibia exploration block

QatarEnergy has agreed to acquire a 25 per cent stake in Namibia’s offshore PEL82 exploration licence from Chevron. Chevron will retain operatorship and a 55 per cent interest, while Namcor E&P and Custos Energy each hold 10 per cent, subject to regulatory approval....