Read the latest Archives of oil, gas and energy news.
Africa Energy Corp has contracted semi-submersible drilling rig, Island Innovator, to drill the Gazania-1 well in Block 2B in the Orange Basin, 300 km offshore South Africa.
The Venus 1-x well located Block 2913B in Namibia’s Orange Basin has encountered approximately 84 meters of net oil pay with associated gas.
Oil supermajor, Shell, has spudded an exploration well in the Orange Basin, offshore Namibia.
The company acquires 40 percent interest in two blocks in the Orange Basin.
The Mopane 2X exploration well has been spud, with a second well planned for the license.
Africa’s exploration drilling is expected to see relatively strong growth between 2022 and 2023.
While some analysts propose that existing discoveries hold enough oil and gas to meet global demand for the foreseeable future, others argue that the remaining supply will not sustain us beyond the next quarter century.
Contracted by Galp, Fugro has completed environmental and geophysical surveys that will aid in project planning and resource management.
Shell has dedicated a quarter of its exploration budget to understand its Graff, La Rona, Lesedi and Jonker projects offshore Namibia.
A slate of natural gas discoveries in South Africa’s on- and offshore have the potential to transform both the domestic and regional energy landscape.
