Both companies are reportedly wanting to acquire a 40% stake in Galp Energia’s Mopane discovery.

The two companies have increased their positions in this frontier exploration area offshore Africa.

Galp says it will announce its new executive leadership in the coming days.

Galp Energia expects a new 3D seismic acquisition campaign to start shortly over its deepwater block PEL83 in the Orange Basin offshore Namibia.

Second exploration and appraisal drilling campaign underway in the Orange basin.