Rhino Resources

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Business / Economics

Volans-1X Well Yields New Hydrocarbon Find

The Volans-1X well in the Orange Basin produced the National Petroleum Corporation’s third hydrocarbon discovery, uncovering 26 metres of rich gas-condensate reservoirs. The find, made alongside partners Rhino Resources, Azule Energy, and Korres Investments, follows earlier discoveries at Sagittarius-1X and Capricornus-1X, says Paulo Coelho, Manager of Marketing, Communications, and Public Relations at NamCOR.

today2 October, 2025

Business / Economics

Namibia set for multiple offshore drilling projects this year

Namibia's offshore oil drilling will resume with the arrival of Saipem SpA’s Santorini drillship at the Mopane site, following a discovery by Galp Energia SGPS SA. Bloomberg reports that this marks the beginning of several drilling campaigns, including projects by TotalEnergies SE and Chevron Corp. Galp's CEO indicated that the company is preparing to drill its first of four new wells in Namibia later this year. Speaking at a conference […]

today24 October, 2024