Namibia: Equinor acquires 17.4% of the offshore oil license PEL 90.
The Norwegian group Equinor announced on Tuesday, August 18, 2026, the acquisition from a subsidiary of Chevron of a 17.4% stake in the offshore oil license PEL 90, off the coast of Namibia. This operation marks Equinor’s entry into the country and remains subject to regulatory approvals. The license covers block 2813B, in the Orange […]