TotalEnergies Venus Project
Sector: Oil and Gas • Location: Namibia
Source: Reuters
TotalEnergies is expected to make a final investment decision (FID) on its Venus oil discovery in Namibia by late next year, as the company seeks incentives to lower production costs. The project aims to address geological challenges and aims for first oil production by 2029-2030.
- Status
- Prospective
- Sector
- Oil and Gas
- Location
- Namibia
- Updated
- 22 Jul 2026
- Source
- Reuters
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Project Information
Participants
Company |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | TotalEnergies is expected to make a final investment decision (FID) on its Venus oil discovery in Namibia by late next year, as the company seeks incentives to lower production costs. The project aims to address geological challenges and aims for first oil production by 2029-2030. |
Original sector | Energy |
Location
Country | Namibia |
Source
Source | Reuters |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-05-17 |
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