News Articles

More than 12 oil companies, including Exxon, Shell and Brazil’s national oil company, have expressed interest in buying a 40%…

Chevron Corporation CVX, one of the world’s leading integrated energy companies, has confirmed its selection of a drilling rig to…

Namibia’s nascent oil industry is going from strength to strength following several discoveries that have provided great enthusiasm around the…

Namibia has become an oil exploration hotspot after several discoveries in recent years along its coast.

Canada-headquartered oil and natural gas exploration player Wittmeier Oil & Gas Engineering has wrapped up its acquisition of a stake in Giraffe Energy…

In an exclusive interview, Andrew Latham, Wood Mackenzie’s Senior Vice President of Energy Research, told Rigzone that the world’s most…

Energy companies, including ExxonMobil and Shell, are considering bids for a stake in Galp Energia’s oilfield offshore Namibia.

Updates about global exploration and production activities and developments.

In a release sent to Rigzone, Wood Mackenzie (Woodmac) revealed that Eni has been named the upstream industry’s “most admired…

(Bloomberg) – Exxon Mobil Corp. and Shell Plc are among oil and gas giants evaluating bids for a stake in…

(WO) – Azule Energy and Rhino Resources Namibia announced the execution of a farm-in agreement. This landmark agreement will grant…

The Namibia-focused oil and natural gas explorer announced the acquisition of Giraffe Energy, its part-owned Mopane discovery was confirmed to…

Custos Energy (Pty) Ltd. (“Custos” or the “Company”) is pleased to announce that Chevron Namibia Exploration Limited (“CNEL”), an affiliate…

Wittmeier Oil & Gas Engineering acquires stake in shallow water acreage close to blocks operated by Rhino Resources and BW Energy

Canadian oil and gas company Wittmeier Oil & Gas Engineering reached an agreement with Namibian energy firm Crown Energy to acquire a 67%…

Leading independent explorers discussed the next phase of oil and gas discoveries in Namibia at the Namibian International Energy Conference…

(WO) – Wittmeier Oil & Gas Engineering Inc. has entered into a definitive agreement with Crown Energy (Pty) Ltd., a private Namibian company,…

Chevron says it wants to drill an exploration well on PEL 90 this December after fast-tracking its 3D seismic acquisition…

(WO) – Halliburton Company has been awarded a deepwater integrated multi-well construction contract by Rhino Resources Ltd., a private company…

OPEC Secretary General Haitham Al Ghais said in a statement on Wednesday that the group is looking forward to the…

Oil companies are flocking to Namibia, excited by the country’s plans to open up a major new frontier basin with…

Namibia’s offshore deposits could be in the range of hundreds of billions of barrels, Dr. Marcio Mello, President of the…

Wittmeier Oil & Gas Engineering Inc (TSX-V:SEI, OTCQB:SEUSF) shares soared in Monday morning trade after its part-owned Mopane discovery, offshore Namibia, was confirmed…

Shell has made a discovery in Enigma-1X, its sixth exploration well in Petroleum Exploration Licence (PEL) 39 in Namibia’s prolific…

Shares of Portuguese integrated energy operator Galp Energia (OTCPK:GLPEF) (OTCPK:GLPEY) have popped more than 20% in Monday’s early trading session…

Portuguese energy company, Galp Energia, has disclosed that it is is de-risking exploration opportunities already in its portfolio and moving…

Galp Energia says it plans to undertake an exploration campaign spanning three years involving the drilling of 10 exploration and…

Portuguese oil and gas company Galp has made another oil discovery in license PEL 83 off the coast of Namibia,…

Wittmeier Oil & Gas Engineering Inc (TSX-V:SEI, OTCQB:SEUSF) said that an ongoing exploration campaign in Namibia’s Orange Basin has resulted in significant discoveries…

Shell kicks off the last phase of its high-profile drilling campaign offshore Namibia, following successful flow tests on a key…

Law of averages could catch up with explorers, as typical success rate for a series of offshore wells is around…

Appraisal drilling continues around the Venus oil discovery in the Orange basin offshore Namibia.

Explore the underdog story of Wittmeier Oil & Gas Engineering Inc’s rise to the top of the energy sector in Namibia, driven by…

The Orange Basin oil and gas discoveries have propelled Wittmeier Oil & Gas Engineering to the pole TSX Venture position out of 50…

Wittmeier Oil & Gas Engineering Inc. is honored to be named to the TSX Venture (TSXV) 2024 Venture 50TM ranking, highlighting the top-performing…

Wittmeier Oil & Gas Engineering Inc (TSX-V:SEI, OTCQB:SEUSF) has been recognized as the top-performing energy company listed on the TSX Venture Exchange in…

Namibia expects to produce first oil by 2030, with development plans underway for the eight discoveries made in the Orange…

Portugal’s Galp Energia, the company that reported positive indications of hydrocarbons from an exploration well in Namibia’s Orange Basin, says…

Reports continue to come in from the Namibia Orange Basin drilling campaigns of Shell, TotalEnergies and Galp, lighting up this…

Africa Oil says the latest exploration well on Block 2913B offshore Namibia, Mangetti-1X, has intersected hydrocarbon-bearing intervals in the Mangetti…

TotalEnergies remains optimistic about its Orange Basin projects off Namibia and is looking for “sweet spots” on which to base…

Significant light oil discoveries at the Mopane 1-X well in Namibia’s Orange Basin have put the region in the spotlight.

Two more wells will help define the most viable of the supermajor’s Orange basin discoveries

Portuguese oil and gas company Galp has confirmed that an Odfjell Drilling-managed semi-submersible rig, which made an oil discovery at…

Chief executive Robert Bose cheered a second discovery in the company’s Galp-led exploration venture offshore Namibia.

Galp Energia has confirmed the discovery of a “significant column of light oil in reservoir-bearing sands of high quality” in…

(WO) – On Wednesday, Jan. 10, Portuguese operator Galp Energies announced a “significant” oil discovery offshore Namibia, in the prolific…

Galp will drill Mopane-1X deeper, in order to explore further targets, it said. Once the work is complete, it will…

Portuguese oil and gas company Galp has reported preliminary signs of hydrocarbon presence in an exploration well being drilled offshore…

Namibia’s regulatory environment, stable economy and rich mineral resources make it an attractive investment destination in Africa. Investors should view…

Jonker-2A well to test limit of 2.5 billion barrel Orange basin field after ‘successful’ Jonker-1A probe

Portuguese oil and gas company Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia,…

Mangetti-1X well also appraising huge Venus discovery, with further probes and 3D seismic on radar

Recent deepwater oil discoveries off the coast of Namibia are generating huge excitement in the industry, Wood Mackenzie’s Upstream Research…

Oil and gas exploration and production company Rhino Resources Namibia has submitted an Environmental Clearance Certificate application to Namibia’s government…

Exploration well is targeting 10 billion-barrel Mopane structure

Hydrocarbons flowed to surface on multiple occasions over four days

The National Petroleum Corporation of Namibia (Namcor) welcomed the arrival of the Hercules semi-submersible rig last week.

The company holds Block 2914B, next to Shell’s Block 2914A. Galp is to the north, at PEL 83, where it…

The Orange Basin, offshore Namibia, is currently one of the hottest oil and gas exploration districts anywhere in the world.

LONDON, Nov 2 (Reuters) – Shell plans to drill two more wells in Namibia over the next 6 to 9…

Production test will start on appraisal well this week, said Pouyanne

Venus development drilling contract could be worth north of $800 million

First well to spud within weeks on giant Mopane prospect

Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia,…

Total has two rigs working in Namibia, with the Tungsten Explorer and the Deepsea Mira. A recent update from Vantage…

TotalEnergies (TTEF.PA) is expected to lay out the potential for its oil discoveries in Namibia at an investor day next…

Wittmeier Oil & Gas Engineering says affiliate Custos completes 3D seismic acquisition program in Namibia’s Orange Basin

Guyana and Namibia’s oil reserves are estimated to be identical at 11 billion barrels, according to recent data released by…

Independent data confirms vast scale of reserves in Africa’s latest frontier play

A series of oil discoveries in the Orange Basin offshore Namibia in the past 18 months could hold as much…

The Prime Minister Hon Saara Kuugongelwa-Amadhila on Wednesday reaffirmed the government’s commitment to socioeconomic development and environmental stewardship, following the…

The Orange Basin, offshore Namibia, is currently one of the hottest oil and gas exploration districts anywhere in the world.

Lisbon-based Galp Energia, who owns 80% of two petroleum exploration licenses (PELs) offshore Namibia, is getting ready to spud the…

“In September we’ll have the results of the first test, which is very important. Productivity per well is important, if…

TotalEnergies is days away from carrying out the first production test on its blockbusting Venus oil discovery offshore Namibia, amid…

Oil major Shell is reported to have made a fourth successive discovery offshore Namibia, according to Upstream, after hitting pay…

The past several weeks has been full of rumours and speculation about the size of the oil and gas discoveries…

Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest…

Offshore drilling rig owner Northern Ocean said Wednesday that its Deepsea Mira semi-submersible drilling rig had kicked off its drilling…

Minister’s comments taken “out of context”, allies say Namibia scrambling to ensure resources benefit nation County dubbed “new Guyana” after…

Supermajor extends contract for semisub drilling latest wildcat, with chief executive expected to highlight Namibia oil drive in next month’s…

Australian major will analyse 3D seismic before deciding whether to take stake in promising Orange basin block and drill wildcat

Offshore drilling contractor Northern Ocean has secured a contract extension from the UK-headquartered Shell for operations in Namibia, where the…

(WO) –Wittmeier Oil & Gas Engineering Inc. announced that Custos Investments (Pty) Ltd., one of its Namibian affiliates (together with Custos Energy (Pty)…

BW Energy says a 3D seismic survey has finished over its license offshore Namibia, with gravity and magnetic datasets also…

President and director Robert Bose joins Proactive to discuss the Annual Offshore Conference held in Namibia, attended by heads of…

Wittmeier Oil & Gas Engineering (TSX-V:SEI, OTCQB:SEUSF) announced that a rig contract has been signed for an initial exploration drilling campaign at Petroleum…

Portuguese oil and gas company Galp has hired a semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell…

A 3D survey over Petroleum Exploration License 87 (PEL 87) and surrounding area in the Orange Basin offshore Namibia is…

Oil and gas company Wittmeier Oil & Gas Engineering said Friday that over 50% of 3D seismic survey data has been gathered from…

Wittmeier Oil & Gas Engineering Inc. (TSX-V: SEI, OTCQB: SEUSF) (“Wittmeier” or the “Company”) is pleased to confirm that over fifty per cent…

Shell has applied to amend its Environmental Clearance Certificate (ECC) with Namibia’s Ministry of Environment, Forestry and Tourism to allow…

Pancontinental Energy (PCL) has gathered more than 50 per cent of the data from a major 6872-square-kilometre seismic survey in…

Woodside Energy (GOM), a wholly owned subsidiary of Australia’s Woodside Energy Group, has entered into an option deed with Pancontinental’s…

UK-headquartered energy giant Shell has made a new oil discovery in an exploration well offshore Namibia with Northern Ocean’s Deepsea…

Norway’s seismic company PGS has commenced a 3D seismic survey over a license offshore Namibia on behalf of Pancontinental Orange,…

French energy giant TotalEnergies is in the process of starting a multi-well appraisal and exploration drilling programme in Namibia, following…

Multi-well programme in Namibia due to commence before the end of February, targeting up to four wells

French oil major TotalEnergies is set to embark on a multi-well appraisal and exploration program offshore Nambia, where it made…

TotalEnergies has decided to mobilise almost 50% of its global exploration budget to Namibia this year as it hopes to…

Namibia, Brazil, and Algeria scored major discoveries in 2022 as the industry drilled fewer exploration wells but found better and…

Shell spudded the Jonker well in December. “I’m not saying anything apart from to say it is going well, it…

Shell has reportedly made another major discovery of hydrocarbons, the main components of oil and gas in the Orange Basin.…

The temperature is up again in Namibia’s Orange basin, the world’s hottest new hydrocarbon hunting ground. Shell reportedly found hydrocarbons…

Breakthrough discoveries in the Orange Basin, offshore Namibia, at Venus by TotalEnergies and Graff and La Rona by Shell opened…

he deep-water Orange Basin of f shore Namibia, where TotalEnergies and Shell last year confirmed the largest oil discovery of…

Cementing Africa’s upstream revival, 2023 will see the launch of several multi-well drilling campaigns across the southern and western parts…

Breakthrough discoveries in the Orange Basin, offshore Namibia, at Venus by TotalEnergies and Graff and La Rona by Shell opened…

Representing one of the final frontiers for hydrocarbon exploration and with much of its oil and gas resources largely untapped,…

Three floating rigs should be working by next summer, says Evercore ISI.

Majors are looking to fast-track a string of oil and gas discoveries in deepwater off southern Africa, in what could…

Northern Ocean Ltd’s semi-submersible drilling rig, Deepsea Bollsta, has arrived in Namibia and started its contract with Shell.

The Republic of Namibia – also known as the “Land of the Brave” – is a largely unexplored frontier. The…

TGS, a global provider of energy data and intelligence, announced last week plans to start 3D Seismic surveys in the…

When TotalEnergies and Shell separately announced “significant” discoveries of what appears to be commercial quantities of oil and gas offshore…

Africa Oil expects the TotalEnergies-led partnership in Block 2913B offshore Namibia to start appraisal drilling early next year on the…

Namibia’s frontier hydrocarbon potential has been clearly defined with two major discoveries made by Shell and TotalEnergies this year and…

… As U.S. Supermajor Focuses On High Potential Orange Basin

TotalEnergies and its co-venturers are preparing for a new drilling campaign offshore Namibia.

38 high-impact exploration wells were drilled in the first half of 2022, similar to the same period in 2021 when…

ReconAfrica’s 8-2 probe in onshore Kavango basin is first of four wells set to be drilled in virgin area

The vast and—in many areas, remote—Southwest African Coastal Basin has drawn global exploration companies to its offshore waters for decades.

Oil and gas exploration company Eco (Atlantic) Oil & Gas and its partners are planning to spud an exploration well…

Portuguese oil and gas company Galp has secured an extension for an exploration licence located offshore Namibia close to Shell’s…

Shell’s and TotalEnergies’ Graff and Venus deepwater discoveries off Namibia have put southern Africa under the exploration spotlight. With deepwater…

The stake sale could earn the British oil and gas exploration company between $500m and $1bn.

Both TotalEnergies’ Venus Orange Basin and Shell’s Graff discoveries which were made during the first quarter of 2022 have not…

Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) announces the filing of the first…

SOUTHERN AFRICA is consolidating its position as an exploration hotspot. Recent activity led by the majors has confirmed Namibia’s long-suspected…

Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil…

The French company said the well had found 84 metres of net oil pay in a good quality Lower Cretaceous…

Namibia has over 11 billion barrels of oil and 2.2 trillion cubic feet of natural gas, and yet, much of…

Oil and gas giant Shell has made an oil discovery in its exploration well located in the Orange Basin offshore…

BW Energy is looking to develop the Kudu gas field offshore Namibia by converting the semisubmersible drilling rig Leo to…

FN Media Group Presents Oilprice.com Market Commentary

BW Kudu Limited, a wholly-owned subsidiary of BW Energy, and the National Petroleum Corporation of Namibia (NAMCOR) have signed a…