QatarEnergy announced a significant light oil and associated gas discovery in the Venus-1X prospect located in block 2913B in the Orange Basin, offshore southern Namibia.

Commenting on this discovery, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said: “We are pleased with this new discovery, which is our second in Namibia in a month, and we are encouraged by the promising results of the discovery well. I would like to congratulate our partners TotalEnergies, Impact Oil and Gas, and NAMCOR, as well as the government of Namibia.”

Covering an area of about 8,215 km², Block 2913B lies in deep waters some 290 kilometers off the coast of Namibia and is held by a consortium comprising QatarEnergy (30%), TotalEnergies (operator - 40%), Impact Oil and Gas (20%) and NAMCOR (10%).

QatarEnergy holds interests in 4 blocks offshore Namibia, namely blocks: 2912, 2913B, 2914B, and 2913A, covering a total area of approximately 28,000 km².

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As a fully integrated energy corporation, Qatar Energy covers the full spectrum of the oil and gas value chain – from exploration to production, from processing and refining to sales and delivery.

As stewards of Qatar's natural resources and the world's largest provider of LNG, our strength rests in our ready access to Qatar's unique reserves to provide energy that fuels social and economic prosperity.