Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully drilled the Mopane-2X well to its designed depth, in block PEL83. Drilling encountered a significant column with light oil in reservoirs of high quality. The AVO-3 exploration target, the AVO-1 appraisal target and a deeper target were fully cored and logged. […]

The prospects for offshore oil and gas exploration have resulted in Namibia becoming a hotspot for hydrocarbon investment in recent years. Meanwhile, the country’s ambition to become a global hub for green hydrogen development – on the back of abundant, co-located solar and wind resources – is poised to support value-added industrialization, economic transformation and […]

TotalEnergies, the operator of Block 2913B offshore Namibia has disclosed that Mangetti-1X exploration well has intersected hydrocarbon-bearing intervals in the Mangetti fan prospect, a separate system to the Venus oil discovery. Mangetti-1X also achieved its secondary objective of successfully intersecting and appraising the northern area of the Venus accumulation. Mangetti has the potential to add additional recoverable resources […]

Sintana Energy has disclosed update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as the one of the world’s most prospective oil and gas regions. The blocks are governed by Petroleum Exploration License 83 (PEL 83) which is operated by a subsidiary of Galp […]

Galp and its partners NAMCOR and Custos has drilled and logged the first exploration well (Mopane-1X) in block PEL83, offshore Namibia. Mopane-1X which is located at the southern end of PEL 83 is merely 30km away from Shell’s unsuccessful, high-risk Cullinan-1X probe. Shell has previously announced in its September last year report that Cullinan probe […]

Sintana Energy  has given drilling  update regarding Petroleum Exploration Licenses 83 (‘PEL 83’) and 90 (‘PEL 90’) located in the heart of Namibia’s Orange Basin which is emerging as one of the world’s most prospective oil and gas regions. PEL 83 Sintana refers to a press release published by Custos Energy (Pty) Ltd. (together with […]

88 Energy the execution of a three stage farm-in agreement with a wholly-owned subsidiary of Monitor Exploration Limited (Monitor) to earn up to a 45% non-operated working interest in onshore Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, Republic of Namibia. Farm-In Agreement detail The Farm-In Agreement is between Eighty Eight Energy […]

Africa Oil has noted Impact Oil and Gas disclosure on positive drill stem test (“DST”) results for the Venus-1X well, the major light oil discovery on Block 2913B. The Company also has further provided update on exploration and appraisal activities on Block 2913B and 2912, both located in the Orange Basin, offshore Namibia. Block 2913B […]

Namibia a South African country with a population of about 2.6 million people is abundant hydrocarbon reserves with an estimated value of about 11 billion barrels of oil as recently discovered offshore fields, with TotalEnergies’ Venus-1X find making up almost half of the total, state-owned oil firm NAMCOR said in a presentation of preliminary data […]

Three major oil discoveries made in less than one-year, attractive fiscal policies and market-focused regulations, and a strong partner in the national oil company (NOC) have made Namibia one of the world’s most enticing hydrocarbon plays in 2023. Eager to capitalize on this growing interest, the government has put in place an ambitious growth agenda […]