Galp Advances Namibia Exploration And Moeve Merger
Energy company Galp is initiating a new exploration and assessment campaign in Namibia. The company is also progressing in merger discussions with Moeve regarding downstream positions. Galp expects a potential agreement to be reached by the end of the year. The company noted that sales are expected to reach specific targets by the first of the year.
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Sources · 7 independent
TSF Notícias
“Estamos também a dar os passos necessários para iniciar a próxima campanha de exploração e avaliação na Namíbia, enquanto em paralelo as conversas com os acionistas da Moeve relativamente à fusão das nossas posições de downstream continuam a evoluir de forma positiva”
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