Custos Energy on Tuesday announced another significant oil discovery off the coast of Namibia, further cementing the country's Orange Basin as a promising new frontier for hydrocarbon exploration ...

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 ...

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 ...

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 ...

The massive African country of Namibia has announced the discovery of a vast oil field which could have dramatic effects on its economy. The Portuguese company Galp confirmed on Tuesday the ...

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

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 ...

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 ...

The Australian oil and gas company Woodside Energy has decided not to exercise its option for the farm-in to the PEL 87 block ...

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 ...

Galp Energia attracted investor interest thanks to Bacalhau oil field production and a promising offshore Namibia discovery.

Ltd. ("Custos" or the "Company") provides the following update regarding developments associated with blocks 2713A and 2713B ...