Namibia’s Orange Basin Moves Toward First Oil at African Energy Week (AEW) 2026

Namibia's Orange Basin is moving toward first oil, with attention shifting from exploration to production infrastructure and partnerships. At African Energy Week 2026, a session will examine how Namibia can capture value beyond individual oil fields. TotalEnergies' Venus discovery is technically ready for a Final Investment Decision, with negotiations on fiscal terms ongoing. The project targets around 150,000 barrels per day at peak production, with first oil potentially around 2030.

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