Petrobras (PBR) , a Brazil-based integrated energy company controlled by the government of Brazil, has its eyes set on acquiring the entire 40% stake in the Mopane oil and gas exploration block in Namibia, currently owned by Portugal’s Galp Energia, SGPS, S.A. (GLPEY) . This strategic move aligns with PBR’s expansion plans and its focus on establishing a stronger presence in international oil and gas markets, particularly in Africa. Why Namibia is Critical for PBRNamibia is emerging as a promising frontier ...