
Galp Secures Rig for Orange Basin Exploration
Galp has secured a semi-submersible rig for the drilling of two wells at PEL-83 in the Orange Basin, Namibia.
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Galp has secured a semi-submersible rig for the drilling of two wells at PEL-83 in the Orange Basin, Namibia.
Namibia’s recent oil discoveries present a strategic opportunity for public and private sector collaboration with South Africa.
PCL Gathers 50% Seismic Data for Orange Basin, Shares Rise 10% Ahead of June Survey Competition for Potential Oil Reservoirs Comparable to Shell & TotalEnergies Discoveries
Shell, the National Petroleum Corporation of Namibia and QatarEnergy have announced Namibia’s third hydrocarbons discovery in the Orange Basin.
Chevron is set to join other majors such as TotalEnergies, ExxonMobil and Shell in Namibia’s offshore oil and gas rush with the acquisition of a stake in Block 2813B.
NJ Ayuk highlights the extensive hydrocarbon potential of Africa’s Southwestern frontier.
Situated in Block 2913B in Namibia’s Orange Basin, the Venus project targets FID by 2026.
The country still offers substantial potential in the offshore Orange Basin, confirmed by major projects such as TotalEnergies’ appraisal campaign in PEL 56.
The company aims to target a new area in the southern part of the Deepwater Orange Basin.
The drilling campaigns will be conducted in PEL 83 and PEL 90 within the Orange Basin.