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Chevron Revives Exploration Efforts in Namibia

OilPrice

Chevron plans to begin drilling an exploration well offshore Namibia, where several international majors have found huge oil and gas resources in recent years. With this programme, Chevron continues to activate its strong and growing exploration portfolio, according to a company statement. Chevron completed in February

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ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. The results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for Prospect I.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130