Oil majors show interest in acquiring Galp’s Namibia oil prospect – Reuters (NYSE:XOM)
2024-07-02
NiseriN/iStock via Getty Images At least a dozen oil companies including Exxon (NYSE:XOM) and Shell (SHEL) have expressed interest in buying a 40% stake in Galp Energia’s (OTCPK:GLPEF) (OTCPK:GLPEY) Mopane oil discovery offshore Namibia, which could be valued at more than $10B, Reuters reported Tuesday. In April, Galp (OTCPK:GLPEF) (OTCPK:GLPEY)Continue Reading