BP acquires stake in three offshore Namibia exploration blocks

BP agreed to acquire a 60% operating interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas, marking BP’s entry into the country as an operator. Subject to Namibian government approvals, BP will operate blocks PEL97, PEL99 and PEL100 in the Walvis Basin. Eco Atlantic will remain a partner alongside Namibia’s …

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