Tag Archives: OilExploration

Chevron ends in the same boat as Shell with no commercial hydrocarbons off Namibia

Chevron ends in the same boat as Shell with no commercial hydrocarbons off Namibia

Harmattan Energy, an indirect subsidiary of the U.S.-headquartered energy giant Chevron, has drilled an exploration well in the Orange Basin off the coast of Namibia, which did not yield any commercial hydrocarbon quantities. After Chevron’s affiliate got an environmental clearance certificate (ECC) from the Ministry of Environment, Forestry, and Tourism to spud up to ten wells in Namibia, encompassing around five exploration and five appraisal wells, anticipated to be carried out over three years, the company confirmed its intention to drill one exploratory well in Block 2813B within PEL 90 in the Orange Basin. To this end, the firm booked a rig from Northern Ocean for the Kapana 1-X exploration well, aiming to spud it in the fourth quarter of 2024. As a result, the Odfjell Drilling-managed Deepsea Bollsta semi-submersible