Total Strike Elevates Namibia's Offshore Oil Prospects

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

After months of silence around the Venus wildcat in Namibia, TotalEnergies has confirmed a “significant” discovery of light oil and associated gas in the offshore Orange Basin — although it stopped short of declaring the find commercial.

Exploration, Offshore Oil and Gas, Majors, NOCs, Conventional Oil and Gas, Deepwater
Wanda Ad #2 (article footer)
Some panelists at the Reuters Energy Transition Conference implored the oil and gas sector to step up low-carbon investments, but others pointed to major constraints.
Wed, Jun 7, 2023
Upstream technology has unlocked previously inaccessible elephant fields, as some companies dust off old plans to step into one of the US Gulf's final frontiers.
Tue, Jun 6, 2023