Namibia is emerging as a central focus in TotalEnergies’ expanding African project pipeline, with the company targeting a final investment decision on its Venus oil discovery by the fourth quarter of 2026.
The development, located offshore in Namibia’s Orange Basin, is considered one of the most closely watched deepwater oil projects globally and could significantly shape the country’s future oil and gas sector if approved.
The update comes as TotalEnergies’ Senior Vice President for Africa, Mike Sangster, prepares to speak at the Invest in African Energy Forum in Paris on April 22–23. The forum is expected to highlight the company’s growing portfolio of upstream and liquefied natural gas (LNG) projects across the continent.
Africa remains a cornerstone of TotalEnergies’ global operations, accounting for about half of its operated production and the largest share of its exploration budget. The company is now entering a new phase of project execution and investment, with several major developments expected to drive output growth through 2026 and beyond.
Across the continent, TotalEnergies is advancing multiple projects. In the Republic of Congo, the company committed US$500 million in 2025 to expand production at the Moho Nord field, targeting an additional 40 000 barrels per day. In Uganda, the Tilenga project is progressing toward first oil, supported by the 1443-kilometre East African Crude Oil Pipeline to Tanzania’s port of Tanga.
In Mozambique, TotalEnergies is working to restart its US$20 billion LNG project, which has a planned capacity of 13 million tonnes per annum and is expected to unlock one of Africa’s largest gas reserves.
These developments are expected to reverse earlier production declines, with TotalEnergies’ African output projected to recover as new volumes come online.In Southern Africa, exploration momentum is also building. In South Africa, the company is preparing to drill offshore Block 3B/4B in the Orange Basin, pending final approvals, signalling increased activity in the region’s offshore energy sector. –Energy Capital & Power.
