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TotalEnergies to acquire 42.5% operated interest in PEL104 Exploration license

TotalEnergies (TTE) has signed agreements to acquire a 42.5% operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments and Maravilla Oil & Gas. Upon completion of the transaction, TotalEnergies will be the operator of the license holding a 42.5% interest alongside Petrobras (PBR), Namcor and Eight.

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