
Sintana Energy Acquires Stake in PEL 79 Offshore Namibia
Sintana Energy has acquired a 49% interest in Giraffe Energy Investments for a cash consideration of $2 million.
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Sintana Energy has acquired a 49% interest in Giraffe Energy Investments for a cash consideration of $2 million.
The deal expands Sintana Energy’s presence in the highly-prolific Orange Basin, with Giraffe Energy owning a 33% stake in the Petroleum Exploration License (PEL) 79.
The Angola Oil & Gas conference returns for its 2024 edition from October 2-3 under the theme Driving Exploration and Development Towards Increased Production in Angola.
The Orange Basin boasts six large-scale oil and gas discoveries driving Namibia’s energy sector expansion.
ReconAfrica will conduct exploration in the Damara Fold Belt, while Sintana Energy expands its Orange Basin footprint and Eco Atlantic seeks partners in the Walvis Basin.
The upcoming Namibia International Energy Conference will highlight the country’s latest oil and gas discoveries and opportunities within the underexplored Walvis, Kunene, Kavango and Namibe Basins.
Woodside Energy has entered into an agreement to acquire a 56% participating interest in PEL 87, offshore Namibia.
A conferência Angola Oil & Gas regressa para a sua edição de 2024, de 2 a 3 de outubro, sob o tema Driving Exploration and Development Towards Increased Production in Angola. (Impulsionar a exploração e o desenvolvimento para aumentar a produção em Angola)
Galp has secured a semi-submersible rig for the drilling of two wells at PEL-83 in the Orange Basin, Namibia.