{"id":59204,"date":"2023-11-29T16:25:14","date_gmt":"2023-11-29T16:25:14","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects"},"modified":"2023-11-29T16:55:33","modified_gmt":"2023-11-29T16:55:33","slug":"galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects","title":{"rendered":"Galp Initiates Drilling in Namibia\u2019s Orange Basin, Unveiling Promising Prospects"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Portuguese oil and gas company Galp has embarked on a significant exploration venture in Namibia\u2019s Orange Basin, signalling a new chapter in the region\u2019s oil and gas landscape. The company has commenced drilling operations at the Mopane 2X exploration well in license PEL 83, located offshore Namibia, near notable discoveries by industry giants Shell and TotalEnergies.<\/p>\n

Galp\u2019s drilling activities in license PEL 83 are centred around the Mopane 2X exploration well, strategically positioned at the southern end of the license. The Hercules semi-submersible rig, managed by Odfjell Drilling, is set to drill two wells as part of Galp\u2019s exploration campaign, with the option for additional well testing.<\/p>\n

PEL 83\u2019s proximity to Shell\u2019s Graff, La Rona, and Jonker discoveries, as well as TotalEnergies\u2019 Venus discovery, underscores the region\u2019s potential for significant hydrocarbon reserves. Galp\u2019s exploration endeavours aim to further delineate the prospectivity of PEL 83, contributing to the growing interest and investment in Namibia\u2019s offshore oil and gas sector.<\/p>\n

In parallel, U.S. oil major Chevron is actively seeking environmental clearance for an ambitious drilling program in license PEL 90. The proposed program encompasses the drilling of five exploration wells and five appraisal wells, reflecting Chevron\u2019s confidence in the substantial hydrocarbon potential of the area.<\/p>\n

Chevron\u2019s planned drilling activities, scheduled to commence in the fourth quarter of 2024, align with the company\u2019s commitment to unlocking the energy resources in PEL 90. This initiative not only signals Chevron\u2019s optimism but also positions the region for increased oil and gas production in the coming years.<\/p>\n

The ongoing exploration and drilling activities in Namibia\u2019s Orange Basin carry profound implications for the region\u2019s energy landscape. The potential discoveries in PEL 83 and PEL 90 could pave the way for substantial oil and gas production, positioning Namibia as a key player in the global energy market.<\/p>\n

Galp\u2019s current drilling campaign and Chevron\u2019s upcoming program underscore the industry\u2019s recognition of the Orange Basin\u2019s significance. The developments not only attract investment but also contribute to the region\u2019s economic growth and energy security.<\/p>\n

As Namibia continues to unlock its hydrocarbon potential, industry stakeholders and observers anticipate exciting developments in the Orange Basin. The outcomes of these drilling initiatives have the potential to reshape the energy dynamics in the region and foster sustainable growth in the oil and gas sector.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Portuguese oil and gas company Galp has embarked on a significant exploration venture in Namibia\u2019s Orange Basin, signalling a new chapter in the region\u2019s oil and gas landscape. The company has commenced drilling operations at the Mopane 2X exploration well in license PEL 83, located offshore Namibia, near notable discoveries by industry […]<\/p>\n","protected":false},"author":84,"featured_media":59203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,236,233],"class_list":["post-59204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nGalp Initiates Drilling in Namibia\u2019s Orange Basin, Unveiling Promising Prospects - Namibia<\/title>\n<meta name=\"description\" content=\"Portuguese oil and gas company Galp has embarked on a significant exploration venture in Namibia\u2019s Orange Basin, signall ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Galp Initiates Drilling in Namibia\u2019s Orange Basin, Unveiling Promising Prospects\" \/>\n<meta property=\"og:description\" content=\"Portuguese oil and gas company Galp has embarked on a significant exploration venture in Namibia\u2019s Orange Basin, signall ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-29T16:25:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-29T16:55:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/11\/sm_1701264260.775873.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"455\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Galp Initiates Drilling in Namibia\u2019s Orange Basin, Unveiling Promising Prospects\",\"datePublished\":\"2023-11-29T16:25:14+00:00\",\"dateModified\":\"2023-11-29T16:55:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects\"},\"wordCount\":414,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/11\/sm_1701264260.775873.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/galp-initiates-drilling-in-namibias-orange-basin-unveiling-promising-prospects\",\"name\":\"Galp Initiates Drilling in Namibia\u2019s Orange Basin, Unveiling Promising Prospects - 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