Could 2023 be a record high for offshore drilling in Africa?


Despite a very tight offshore rig supply market, 2023 might set a new 10-year high for Africa’s offshore drilling market as several development, infill, and exploration campaigns get executed this year. According to the Offshore Rigs Tracker released this week by Hawilti and the Caverton Offshore Support Group (COSG) Plc, over 30 rigs are already […]

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Namibia: NAMCOR and QatarEnergy confirm new light oil discovery on PEL 39


The National Petroleum Corporation of Namibia (NAMCOR) has confirmed that the Jonker-1X well has discovered light oil within PEL 39 in the Orange Basin offshore Namibia. This is the third successful well in the license after the drilling of Graff-1 and La Rona-1 last year. PEL 39 comprises of Blocks 2913A and 2914B, operated by […]

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After Congo, Woodside Energy seeks to enter Namibian exploration license


Woodside Energy has entered into an exclusive Option Deed to enter into PEL 87 offshore Namibia, a deep-water block located north of recent discoveries made by TotalEnergies and Shell in the Orange Basin offshore Namibia. The License was awarded to Australian junior Pancontinental Energy in 2018. Since then, the company mapped a very large Saturn […]

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“At the helm of a new golden block”: TotalEnergies to spend $300m on Namibian exploration


TotalEnergies has decided to mobilise almost 50% of its global exploration budget to Namibia this year as it hopes to confirm a multi-billion barrels discovery on block 2913b within the Orange Basin. CEO Patrick Pouyanné made the announcement during the company’s 2022 Results & 2023 Objectives presentation this week. The French major will spend $300m […]

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Fourth well of the year in Orange Basin is a failure. What’s Next?


Eco (Atlantic) Oil & Gas has announced that its shallow water Gazania-1 well within Block 2B offshore South Africa did not encounter commercial hydrocarbons. The well was the fourth one to be drilled this year in the Orange Basin following Graff-1 (Shell), Venus-1 (TotalEnergies) and La Rona-1 (Shell). Gazania-1 is the only disappointing one so […]

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ReconAfrica’s Namibian wildcat: geological success but commercial failure


Reconnaissance Energy Africa has announced that’s its first wildcat onshore Zimbabwe, the Makandina 8-2 well, has been a geological success but failed to show commercial quantities of hydrocarbons. The well reached total depth in mid-August and confirmed the presence of a working petroleum system by encountering intervals rich with methane and hydrocarbon gas liquids such […]

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QatarEnergy deepens ties with Namibia


The state-owned national oil companies of Qatar and Namibia, QatarEnergy and NAMCOR E&P, have signed a Cooperation Agreement in Doha to deepen the energy cooperation between both countries. Under the agreement, QatarEnergy will support NAMCOR E&P in the development of a sustainable upstream oil and gas sector in Namibia, notably by providing training and human […]

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OFFICIAL: co-venturers on Block 2913b confirm Venus discovery offshore Namibia


TotalEnergies, who has a 40% operated interest in block 2913b within Petroleum Exploration Licence (PEL) 56, has confirmed that it has made a major light oil discovery at the Venus-1X well. The discovery was also officially confirmed this morning by its co-venturers Impact Oil & Gas and Namibia’s state-owned oil company NAMCOR. Venus was one […]

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Eco Atlantic to consolidate Southern African portfolio with acquisition of Azinam


The South Atlantic continental margins of Africa continue to fuel investors’ appetite as their promising prospects open up to oil & gas exploration. Eco (Atlantic) Oil & Gas, the Canadian independent with assets in Guyana and Namibia, has just announced its acquisition of 100% of Azinam to consolidate its portfolio in the region, including in […]

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After TotalEnergies, Shell spuds its own high impact deep-water well in Namibia’s Orange Basin


The Valaris DS-10 drillship has spudded the Graff-1 well within Block 2013A (Petroleum Exploration License 39) offshore Namibia. Shell Namibia Upstream BV is operator with a 45% along with partners Qatar Petroleum (40%) and national oil company NAMCOR (10%). Namibia’s PEL 39 has been owned by Shell since 2014 when it acquired Signet Petroleum’s interests […]

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Eyes on the Prize: African exploration is back!


Independents and international oil companies (IOCS) have finally spudded several much-awaited exploratory wells in Africa this quarter. They signal the resumption of exploratory drilling activity, in a continent that remains heavily under-explored. While Eni has led exploratory efforts this year so far with three discoveries in Angola (Cuica), Ghana (Eban) and Côte d’Ivoire (Baleine), additional […]

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TotalEnergies spuds most anticipated well of the year offshore Namibia


The 7th generation drillship Maersk Voyager has spudded the Venus-1 well within Block 2913b offshore Namibia. The block is operated by Total E&P Namibia B.V. (40%) along with its partners Qatar Petroleum (30%), Impact Oil and Gas (20%), and national oil company NAMCOR (10%). Namibia’s Block 2913b is located in the ultra-deep waters of the […]

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BW Energy moves to develop giant Namibian gas field first discovered in 1974


BW Energy has just signed an agreement with Aquadrill LLC to acquire the semisubmersible drilling rig “Leo” for a total consideration of $14m. Surprisingly, the rig is not to be used for the company’s flagship Gabonese nor Brazilian assets, but for the development of the Kudu gas field offshore Namibia. The acquisition of the “Leo” […]

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Namibia is poised to become the renewable energy hub of Africa


by Hage G. Geingob, President of Namibia, Office of the President of Namibia for the World Economic Forum Namibia launched its Second Harambee Prosperity Plan (HPPII) in March 2021. The country is on course to develop a green and blue economy as articulated under the economic advancement pillar of the plan. By electrifying key parts […]

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