Wednesday, June 21, 2023 9:28:35 AM
Woodside???... ( an Australian company)
Major seismic surveys lined up for Namibia’s unsung offshore areas
Australian contractor set to start campaigns late this year in sparsely drilled Luderitz and Walvis basins
20 June 2023 12:52 GMT UPDATED 20 June 2023 12:52 GMT
By Iain Esau in London
An Australian contractor has filed plans with Namibia's government to kick off the first of an array of seismic surveys late this year in two of the nation's long-neglected, but prospective offshore petroleum basins.
The huge discoveries made over the past year or so by TotalEnergies and Shell have triggered an oil rush to secure stakes in the Namibian part of the Orange basin.
6 billion barrels? TotalEnergies starts drilling vital well that could double resources at golden block in Namibia
Read more
However, the cost of securing access to the few remaining opportunities in this play has priced out of the market many latecomers to the party, leaving them to focus on less mature plays to the north.
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM