The oil exploration company Gustos Energy has announced the discovery of a "significant" quantity of oil off the coast of ...

Portugal-based energy firm Galp on Tuesday announced a new light oil and gas-condensate discovery offshore Namibia, which has become one of the world’s latest exploration hotspots. Galp and its ...

Portuguese oil company Galp has discovered light oil and gas condensate ... 83 of the Orange Basin off the coast of Namibia. Galp holds an 80% stake in PEL83 and serves as operator, while NAMCOR ...

Namibia's government plays a pivotal role in regulating its oil industry. In terms of the Constitution, all natural resources, including petroleum, "shall be owned by the state". It exerts this ...

7.2% in European trading Tuesday after saying it made a significant discovery of oil and gas condensate at its Mopane-3X exploration well offshore Namibia, opening up at least two new geological ...

Africa accounted for 35 percent of the newly discovered oil reserves in 2024, however, Nigeria was absent from the findings.

Substantial oil discovery made on the Bourdon prospect BW Energy is pleased to announce a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu Licence offshore ...

Scheduled for March 20th, the event promises to deliver crucial insights into Namibia’s vast subsurface potential, the key ...

jumped more than 7% Tuesday after the Portuguese energy corporation confirmed a new discovery at its Mopane-3X well offshore Namibia. Preliminary results indicate significant light oil and gas ...

Namibia’s offshore discoveries contained ... T MAKE IT Whilst Jazza or Korikori could still become the largest oil discovery of 2025, several hydrocarbon prospects are already out of the game ...

LISBON, Feb 25 (Reuters) - Portuguese oil ... in Namibia's Mopane field, opening up new exploration opportunities that are sending its shares sharply higher. Galp's Mopane offshore discovery ...

Investing.com -- Shares in Galp Energia (ELI:GALP) jumped more than 7% Tuesday after the Portuguese energy corporation confirmed a new discovery at its Mopane-3X well offshore Namibia. Preliminary ...