Read the latest Archives of oil, gas and energy news.
Gil Holzman, President & CEO, Eco Atlantic Oil & Gas, will speak at the Invest in African Energy Forum 2025 in Paris, following the company’s recent expansion in the Orange Basin and strategic approach to low-carbon exploration in Africa.
Rhino Resources has drilled its first exploration well on PEL 85 in Namibia’s Orange Basin, encountering hydrocarbons, and is set to spud the Capricornus-1X well within 24 hours.
Pancontinental Energy is focusing on the Oryx and Hyrax hydrocarbon leads within the Saturn Complex of Namibia’s Orange Basin, with an AI-driven seismic analysis aimed at assessing their geological and commercial potential.
The company encountered technical and geological difficulties in PEL 39, leading to the determination that discoveries made in some of the wells drilled were not viable for commercial development.
The deal strengthens QatarEnergy’s presence in PEL 56 and PEL 91.
The oil and gas exploration company has signed a farm-in agreement for Block 1 in South Africa’s portion of the Orange Basin.
Azule Energy has signed a farm-in agreement with Rhino Resources Namibia, acquiring a 42.5% interest in Block 2914A in Namibia’s Orange basin.
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.
TotalEnergies and project partner QatarEnergy will use their experience in the Orange Basin to drill and develop South Africa’s Block 3B/4B.
The Orange Basin boasts six large-scale oil and gas discoveries driving Namibia’s energy sector expansion.
