Namibia’s Oil Riches May Require Large Developments Mirroring Guyana’s, TotalEnergies CEO Says

Patrick Pouyanne News

Namibia’s Oil Riches May Require Large Developments Mirroring Guyana’s, TotalEnergies CEO Says
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(Bloomberg) -- Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest ...

-- Namibia ’s oil potential could one day match Guyana , where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.Plunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThere’s a “big chunk of oil” in waters off Namibia , said Patrick Pouyanne , chief executive officer of TotalEnergies SE, which alongside several other companies has made significant discoveries in the African country.

Pouyanne cautioned that it might be more complex to optimize several projects led by various operators in Namibia, rather than the single company Exxon that’s leading development in Guyana. A Secret Service agent assigned to Vice President Kamala Harris’ detail was removed from their assignment after displaying behavior that colleagues found “distressing,” the agency said.

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