BP Confirms Oil and Gas Discovery in Namibia’s Hottest Offshore Basin

BP Confirms Oil and Gas Discovery in Namibia’s Hottest Offshore Basin

BP confirmed on Monday an oil and gas discovery in the Orange basin offshore Namibia, where supermajors have made several major discoveries in recent years.    The UK-based energy giant, which is a co-venturer in the exploration license via its 50/50 company with Italy’s Eni, Azule Energy, can confirm the preliminary results of the Volans-1X exploration well, as reported by operator Rhino Resources earlier this month.  Petroleum Exploration Lice…

Namibia: The rush for black gold continues. BP (with ENI) confirms a new discovery. - Economic Scenarios

New African oil: BP confirmed on Monday the discovery of oil and gas in the Orange Basin off Namibia, where supermajors have made several major discoveries in recent years. The British energy giant, which is a co-venturer in the exploration license via its 50/50 company with Italy's Eni, Azule Energy , can confirm preliminary results from the Volans-1X exploration well, as reported by operator Rhino Resources earlier this month. Location of the …

BP confirms discovery in Namibia’s Orange Basin

BP confirmed the preliminary results of the Volans-1X exploration well in Namibia’s Orange Basin. Petroleum Exploration License 85 (PEL85), where the well was drilled, is operated by Rhino Resources. Co-venturers are Azule Energy, NAMCOR and Korres Investments. BP holds a 50% interest in Azule Energy. The Volans-1X exploration well, drilled using the Northern Ocean’s semi-submersible … The post BP confirms discovery in Namibia’s Orange Basin app…