Florї retweeted
I’ve been adding to my long position in Meren Energy $mer.to
Dividend yield ~9,50%
- Nigerian exp.assets benefitting from new legislation.
- Total says FID Venus in Namibia coming in ”weeks” (heard that before tho..)
- Farm out opportunities in Equatorial Guinea
$MER.TO Look at it as phase 1 comes on stream, good base production for a solid, predictable cash flow long-term. there’s lots of things that can be layered on that. In a kind of really good scenario, phase 1 is a kernel that then grows into quite a much more substantial business
Florї retweeted
Replying to @CharlieFlorimon
“On the FID of Venus, I would say there are intense discussions as well. We have a joint target between the government of Namibia and the consortium to sanction it by end of July. There are discussions progressing. We'll see if we can conclude in July or if we need to have a little more time. Technically, I think we have selected all contractors. We are ready to take the FID subject to finalizing discussions with the government of Namibia. There has been some progress. Still some progress to be done. Generally, it's when the last minute, you can conclude. We'll see if we can do it. Otherwise, we'll wait. I would say reasonably optimistic that all the parties, there is a joint interest clearly, and in particular, the Namibian authorities are fundamentally supportive to have a strong operator being able to capitalize on synergies between the projects.
I remind you that now that Mopane has been approved and will be closed, the next step is to engage in the second half to appraise Mopane.
We have three wells in 2027. The FID will be taken in 2028. All that as we engage in a strong momentum. Clearly for us, Namibia will begin and is becoming a very important hub for future growth, not only to 2030, beyond 2030.”
$mer.to FID Venus
xitter.cf/Jam_invest/status/2080…
Replying to @CharlieFlorimon
“On the FID of Venus, I would say there are intense discussions as well. We have a joint target between the government of Namibia and the consortium to sanction it by end of July. There are discussions progressing. We'll see if we can conclude in July or if we need to have a little more time. Technically, I think we have selected all contractors. We are ready to take the FID subject to finalizing discussions with the government of Namibia. There has been some progress. Still some progress to be done. Generally, it's when the last minute, you can conclude. We'll see if we can do it. Otherwise, we'll wait. I would say reasonably optimistic that all the parties, there is a joint interest clearly, and in particular, the Namibian authorities are fundamentally supportive to have a strong operator being able to capitalize on synergies between the projects.
I remind you that now that Mopane has been approved and will be closed, the next step is to engage in the second half to appraise Mopane.
We have three wells in 2027. The FID will be taken in 2028. All that as we engage in a strong momentum. Clearly for us, Namibia will begin and is becoming a very important hub for future growth, not only to 2030, beyond 2030.”
$mer.to The Office of the President's Upstream Petroleum Unit called for greater local business participation in Namibia's emerging oil&gas industry, urging entrepreneurs to prepare for opportunities across the petroleum value chain ahead of the 2026 Namibia Oil & Gas Conference
$mer.to Will Meren Energy catch part of deepwater block PPL2010 near Agbami&Ikija? Is Meren Nigeria 52 only prequalified (to participate in todays bidding round), or have they actually submitted a commercial bid for PPL 2010, and if so, together with whom?cnbcafrica.com/2026/nigeria-…
$MER.TO "near-term sanctionable projects" particularly interesting. Combined with ref to "new opportunities", suggests it may have been about more than routine relationship management. Discussions tied to a larger transaction requiring government support?xitter.cf/MerenInc/status/206397…
NUPRC lists 15 onshore, 19 shallow-water, 15 frontier and just 1 deepwater block: PPL2010. The Ikija discovery extends into PPL2010! What else would Meren Nigeria 52 $MER.to bid for? Chevron is also prequalified; Famfa, Chappal aren't. Strategically, why pursue any other block?!
$TTE
$MER.TO
17.7.2026 Meren Energy mettra en avant la croissance de sa production et sa stratégie pour le bassin d’Orange ...en mettant particulièrement l’accent sur le développement du projet Venus
aecweek.com/news/meren-energ…
$mer.to May be reason to believe that Petrobras, which is seeking assets along the West African coast, is interested also in EG-18, as this approach would avoid border issues and unitisation, given that the Jasper prospect extends across the STP border.
agencia.petrobras.com.br/en/…
Florї retweeted
$mer.to $TTE "cld make a final investment decision in a few weeks for the flagship Venus discovery at the country's Orange basin, Larranaga said.The firm also is pursuing exploration in Nigeria, he added"
(Key commercial issues appear largely resolved) reuters.com/business/energy/…















