Venus Subsea Project
Sector: Oil and Gas • Location: Namibia
Source: Upstream Online
TotalEnergies is advancing the environmental approval process for its Venus oil project offshore Namibia, which is expected to generate subsea contracts worth over $2.5 billion. The project involves the drilling of up to 40 subsea wells and the installation of a floating production, storage, and offloading vessel.
- Status
- Prospective
- Sector
- Oil and Gas, Government
- Location
- Namibia
- Updated
- 22 Jul 2026
- Source
- Upstream Online
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | TotalEnergies is advancing the environmental approval process for its Venus oil project offshore Namibia, which is expected to generate subsea contracts worth over $2.5 billion. The project involves the drilling of up to 40 subsea wells and the installation of a floating production, storage, and offloading vessel. |
Original sector | Energy |
Budget |
Location
Country | Namibia |
Source
Source | Upstream Online |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government |
Article published date | 2025-03-20 |
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