Announced 9 December 2025: TotalEnergies takes 40% and operatorship of PEL 83 (Mopane discovery) from Galp, while Galp receives 10% of PEL 56 (Venus) plus 9.39% of PEL 91, a landmark asset swap between majors in the world’s hottest exploration play, reshaping the Orange Basin JV map.
Value: Not disclosed value, landmark structure.
Advisers: not disclosed (in-house and petroleum counsel per company statements).
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
