bp acquires interest in three Namibian exploration blocks
bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream … Read More
Tag: Orange Basin
NAMIBIA: Orange Basin Industry Update
Courtesy Oregen Energyy The Orange Basin continues to evolve rapidly from frontier exploration into an active appraisal, development planning, and renewed exploration drilling environment. Recent public disclosures from operators and … Read More
NAMIBIA: Oregen Energy Executes LoI to Evaluate Additional Investment Opportunity in the Orange Basin
Oregen Energy has announced that it has signed a non-binding Letter of Intent (LOI) to evaluate an investment opportunity in the share capital of Petrovena Energy, a local Namibian energy … Read More
High-impact Wells: Africa Will Continue to Drive Global Drilling Activity in 2026
The upstream sector is set to carry strong momentum into 2026, with high-impact wildcat drilling activity expected to remain elevated following a solid 2025. Last year, the success rate for … Read More
OPINION: Africa’s Upstream Future: Momentum Builds, but Investment Discipline Remains a Hurdle
By NJ Ayuk, Executive Chairman, African Energy Chamber Two breakthrough offshore discoveries in Namibia in 2022 — one by Shell and one by TotalEnergies — marked an important milestone for … Read More
NAMIBIA: bp confirms discovery at the Volans-1X Well
bp has confirmd the preliminary results of the Volans-1X exploration well in Namibia’s Orange Basin, as reported by operator Rhino Resources. The Volans-1X exploration well, spudded on 31 July 2025 using the Northern Ocean’s semi-submersible Deepsea … Read More
SOUTH AFRICA: Eco Atlantic Secures Exploration Right and Transfer of 75% Interest in Block 1
Eco (Atlantic) Oil & Gas announce that, further to the Farm-In Agreement announced on 5 June 2024, formal approval has been received from the South Africa Department of Mineral and … Read More
NAMIBIA: Stamper Oil & Gas Announces Definitive Agreements to Acquire Bisp Exploration
Stamper Oil & Gas Corp. has announced it has entered into an acquisition agreement dated May 12, 2025 among the Company, a wholly owned subsidiary of the Company (Subco), and BISP … Read More
SOUTH AFRICA: Eco Atlantics Acquires Block 1’s substantial volume of 3D and 2D legacy data from PASA
Data Acquisition and Subsurface Intelligence Eco has now completed the acquisition of Block 1’s substantial volume of 3D and 2D legacy data from the Petroleum Agency South Africa (PASA) This … Read More
NAMIBIA: Rhino Resources Strikes Oil at the Offshore Capricornus 1-X well
Rhino Resources on behalf of PEL85 JV reports it has been ‘successful’ in its operated drilling campaign on Block 2914, offshore Orange Basin, Namibia where it was drilling its second … Read More