Namibia News

TotalEnergies Starts Drilling Ops Offshore Namibia

Feb 07, 2025

French energy major TotalEnergies has started drilling the first of the planned two wells in oil and gas blocks offshore Namibia.On February 3, 2025, the semi-submersible drilling rig Deepsea Mira spud the Marula-1X exploration well within the southern part of Block 2913B…

TDI-Brooks Adds to Africa Project List with Nigerian Survey

Mar 04, 2025

TDI-Brooks recently secured a contract with Compass Survey Limited to conduct a series of 2D Ultra High-Resolution (2DUHR) seismic site surveys and pipeline route assessments for SPDC offshore Nigeria.These projects involve the acquisition of…

Rhino Finds Hydrocarbons in Orange Basin Block Offshore Namibia

Feb 18, 2025

Rhino Resources has completed the drilling of the Sagittarius 1-X well at PEL85 license in Orange Basin, offshore Namibia, encountering a hydrocarbon-bearing reservoir.The Sagittarius 1-X well was spud on December 18, 2024 using Noble’s drillship Noble Venturer…

Brazil's Petrobras Looks to Africa for Oil Reserves Boost

Feb 12, 2025

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves as it expects output to fall after 2030, a senior executive said on Wednesday.The Brazilian state energy firm is in talks with companies…

QatarEnergy Takes Share of Chevron-Operated Block Offshore Namibia

Dec 16, 2024

QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron, to acquire a working interest in an oil and gas block offshore Namibia.Pursuant to the agreement, QatarEnergy will acquire a 27…

TotalEnergies Delays FID for Namibian Offshore Oil Discovery to 2026

Feb 05, 2025

French oil major TotalEnergies expects to take a final investment decision (FID) on its Namibian offshore oil discovery in 2026, CEO Patrick Pouyanne said on Wednesday at a press briefing.The development would have a production capacity of 150…

Shell Comes Up Dry Offshore Namibia

Jan 08, 2025

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.Shell told Reuters that discovered oil and gas…

Tower Resources Inks Farm-Out Deals with Prime for Cameroon and Namibia Licenses

Jan 10, 2025

U.K. oil and gas company Tower Resources has signed two farm-out agreements with Prime Global Energies for minority, non-operated interests in its Thali license, offshore Cameroon, and PEL96 offshore Namibia.Through its wholly-owned subsidiary…

Galp Finds Oil and Gas Condensate Offshore Namibia

Dec 31, 2024

Galp, together with its partners NAMCOR and Custos, has found more light oil and gas condensate in a well at PEL83 license offshore Namibia.The partners drilled and logged the Mopane-2A well (well #4) in PEL83, which was spudded on December 2…

Shearwater Kicks Off Second Round of Pelotas Basin Surveys

Jan 07, 2025

Shearwater Geoservices has started the second season of acquisition for the Pelotas Basin multi-client 3D seismic survey in Brazil, conducted in partnership with Searcher Seismic.The new acquisition will be the sixth multi-client 3D project for the joint venture and will utilize the SW Empress…

The Five Trends Driving Offshore Oil & Gas in 2025

Dec 23, 2024

[1] Flat Outlook for Global Spend … but … Aadvantaged Projects Attract CapitalWith concerns of a softening oil market, we expect global upstream investment to remain flat or even fall – indeed, the reported 2025 budgets to date show a 3-4% drop…

QatarEnergy Boosts Offshore Stakes in Namibia

Nov 24, 2024

QatarEnergy has entered into an agreement with TotalEnergies to acquire additional offshore exploration interests in the Orange Basin off the coast of Namibia, it said on Sunday.The deal includes a 5.25% increase in QatarEnergy's stake in block 2913B and a 4…

Galp Spuds Another Well Offshore Namibia

Dec 12, 2024

Galp and its partners have spudded another well in the Orange Basin, off Namibia, following the discovery of light oil and gas condensate in an appraisal well announced earlier in December.After the discovery at the Mopane-1A well, Galp and its PEL83 offshore block partners…

Offshore Service Vessels: What’s in Store in 2025

Dec 19, 2024

After what we would argue has been an incredibly eventful 2024 with massive deals, tremendous dayrate developments, further charterer backlog build, and the first series of newbuild orders in years, now comes the time when we turn our gaze towards 2025…

Galp’s Appraisal Well Delivers Light Oil and Gas-Condensate Off Namibia

Dec 02, 2024

Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia.The appraisal well, Mopane-1A, was spud on October 23 with Saipem’s Santorini drillship, at PEL83 offshore block…

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