Orange basin
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The latest deepwater exploration well offshore Namibia has found 38 m of net pay and flowed more than 11,000 BOPD of 37 °API oil during testing. -
Oil price visibility, projects competing for funds, and regional market softness are all factors resulting in muted demand for deepwater rigs this year.
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Updates about global exploration and production activities and developments.
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Private explorer Rhino Resources has tapped the oil services giant for upcoming Orange Basin campaign.
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Updates about global exploration and production activities and developments.
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Block 3B/4B is on trend with nearby Namibian discoveries Venus and Graff.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The latest Orange basin find is the third in the past year.
