Namibia: Galp Spuds Mopane Appraisal Well
The Mopane structure is estimated to hold at least 10 billion barrels of oil and gas equivalent.
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The Mopane structure is estimated to hold at least 10 billion barrels of oil and gas equivalent.
Etu Energias has finalized the acquisition of interests in Blocks 32, Block 14 and Block 14K, offshore Angola
ExxonMobil and Shell are evaluating bids for a stake in energy corporation Galp’s Mopane oilfield, offshore Namibia
Galp Energia is selling a 40% stake in the Mopane oil discoveries to raise funds for its resource development strategy.
The Mopane-2X well has encountered a significant column of light oil, confirming the presence of additional reserves in the Mopane structure in the offshore Orange Basin.
The company has announced its second light oil discovery at the Mopane-1X well offshore Namibia.
The oil discovery made by Galp represents the sixth made in the country’s Orange Basin in two years.
Galp stated on Monday that its Mopane-1X exploration well in Namibia’s Orange Basin shows preliminary indications of hydrocarbons.
The Mopane 2X exploration well has been spud, with a second well planned for the license.
Galp has secured a semi-submersible rig for the drilling of two wells at PEL-83 in the Orange Basin, Namibia.