Namibia News

Multi-country Drilling Deal for Northern Ocean's Semi-sub

Dec 14, 2022

Oslo-listed offshore drilling rig owner Northern Ocean has won a contract with TotalEnergies for its Deepsea Mira semi-submersible drilling rig to be used in a 'multi-country' drilling program.Starting in the middle of the second quarter of 2023…

Northern Ocean's Deepsea Bollsta Offshore Drilling Rig Starts Shell Contract in Namibia

Dec 12, 2022

Northern Ocean Ltd's semi-submersible drilling rig, Deepsea Bollsta, has arrived in Namibia and started its contract with Shell.The contract for the 2019-built offshore drilling rig has a firm duration of twelve months. Shell will have the option to extend it for another six months…

High Impact Drilling Held Steady in 2022, Discoveries Up to 9.2 Billion Barrels

Jan 13, 2023

In a tumultuous year of change in the world, high impact drilling in 2022 remained at a similar level to 2021, with 81 high impact wells completing (Figure 1). Performance improved with discovered resource increasing from 7.4bnboe in 2021 to a preliminary estimate of 9…

Shell, APA JV, YPF Win Offshore Blocks in Uruguay

Jan 04, 2023

Uruguay's state oil company ANCAP has awarded two offshore blocks to Argentina's YPF and a consortium between Shell and APA (ex-Apache). Shell and APA Corporation won the rights to Area OFF-4, where the consortium has committed to conducting 3D seismic acquisition…

Global Offshore Drilling Outlook – New Play Exploration Appetite Steady But Strong

Jan 12, 2023

Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…

Northern Ocean Buys Deepwater Riser System from Scana's PSW Technology

Dec 19, 2022

Scana's PSW Technology has secured a contract to sell a deepwater riser system to offshore drilling contractor Northern Ocean.'The agreement involves the sale of a complete marine riser system to Northern Ocean for ultra-deepwater operations…

PGS Bags 3D Seismic Survey Work in Namibia

Oct 24, 2022

The Norwegian offshore seismic survey services company PGS has been awarded a 3D exploration acquisition contract.PGS said that the contract was in Namibia, with 'a major energy company.'The company said it would use the Ramform Titan vessel for the survey…

Exxon to Exit Equatorial Guinea

Nov 29, 2022

Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to the matter told Reuters. The departure reflects a wider move by major oil producers…

Qatar Wants to Speed Up Development of Namibia Offshore Oil Discoveries

Oct 11, 2022

The head of QatarEnergy, who is also Qatar's energy minister, said on Monday the company wants to speed up the development of two oil wells it discovered off the Namibian coast with joint venture partners earlier this year.Saad al-Kaabi said…

Closely Watched Gazania Wildcat Offshore S. Africa Disappoints

Nov 18, 2022

Eco-Atlantic hasn't found any hydrocarbons in the Gazania-1 exploration well, which is located off the coast of South Africa. The well was drilled in about 150 meters of water, is located 25 kilometers offshore the Northern Cape in the Orange Basin…

Australian Mining Magnate Calls for Ban on Seabed Mining

Nov 08, 2022

Fortescue Metals executive chairman Andrew Forrest on Tuesday said his charitable foundation is in favor of a pause on seabed mining, the first time a prominent mining executive has spoken out against the nascent industry.Forrest said the Minderoo Foundation…

Island Drilling's Offshore Rig Lands $30M Contract with Dana Petroleum

Oct 25, 2022

Offshore drilling firm Island Drilling has signed a drilling contract with Dana Petroleum for a drilling program in the UK in 2023.For this, Island Drilling will supply its 2012-built harsh-environment semi-submersible drilling rig, Island Innovator…

Shell and Total Namibia Offshore Oil Discoveries 'Likely in Billions of Barrels'

Sep 05, 2022

Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation's mines and energy minister said on Friday. Both companies announced earlier this…

Namibia Sees TotalEnergies and Shell Oil Projects Starting Production in 4 years

Sep 02, 2022

Oil discoveries by TotalEnergies and Shell off the coast of Namibia could start production in four years, Namibia Energy Minister Tom Alweendo said at a conference in Dakar on Thursday.Alweendo said Namibia had agreed with the companies that they should start production as fast as possible…

Eco Atlantic Starts Operations at Gazania-1 Wildcat Offshore South Africa

Oct 04, 2022

The Island Innovator semi-submersible drilling rig has arrived on Block 2B offshore South Africa, and is set to start operations on the Gazania-1 exploration well.The Gazania-1 exploration well is being drilled in approximately 150 meters of…

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