The two-well exploration programme will target the Almeda-1 and Zapato-1 wells on Block 9.
The Almeda-1 well is targeting the same structure as the Marti-5 well, drilled by Cuban NOC Cupet in the 1980s.
Drilling of the Zapato-1 well aims to find the source of the nearby offshore Motembo oilfield.
The combined prospects contain an estimated 141 million barrels of oil.
Sonangol has a 70% participating interest in Block 9 and is funding 85% of the operation, totalling USD 3.7 million. Melbana Energy holds the remaining 30% stake.
The World Bank has granted Namibia a $138 Read More
PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More
Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More
Saudi Aramco has awarded a USD 1 Read More
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
This website uses cookies.