• Mining
Saturday, May 17, 2025
Namibia Mining & Energy: News, Trends, Oil, Gas & Hydrogen
NEWSLETTER
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
No Result
View All Result
Namibia Mining & Energy: News, Trends, Oil, Gas & Hydrogen
No Result
View All Result
Home Mining

Shell starts oil discovery appraisal in Namibia

editor by editor
December 14, 2022
in Mining, Oil & Gas
1.7k 129
A A
0

Northern Ocean, whose semi-submersible rig (the Deepsea Bollsta) has been contracted to carry out an oil discovery appraisal, says it has began its contract with Shell Upstream Namibia, a subsidiary of Shell.

The three-well exploration and appraisal drilling campaign offshore Namibia will be centred on the oil major’s Graff oil and gas discovery.

The local unit of the British multinational oil and gas company, operates PEL 0039 with a 45% working interest, together with QatarEnergy (45%) and National Petroleum Corporation of Namibia (10%). PEL 0039 covers approximately 12,000km² in deep water offshore Namibia.

Ocean’s semi-submersible Deepsea Bollsta, which was chartered by Shell on a 12-month contract valued at N$2.1 billion and has an option to extend the deal for a further six months, has arrived in the Namibian waters.

“We look forward to delivering more significant milestones for Shell as we embark on this drilling campaign, and expect to continue strengthening the relationship with the manager and the client,” Northern Ocean CEO Scott McReaken said.

The 2020-built Deepsea Bollsta sixth-generation semi-submersible rig is of Moss CS60E design and can accommodate 140 people. The rig can carry out operations in both benign and harsh environments at water depths of up to 3,000 metres.

After being awarded the contract in late August, Northern Ocean raised N$678 million (US$40 million) to fund the harsh environment semi-sub’s reactivation cost.

The Shell exploration activity comes after the company immediately drilled a follow-up well called La Rona, which — unlike with Graff — did not reveal the results according to Upstream.

According to Northern Ocean, its rig will also have to drill in waters up to 2,400 metres deep, which implies one or more wells will be spudded to the west of Graff.

The discovery well lies in 2,000 metres of water, some 270 kilometres from Oranjemund and was drilled to a total depth of 5,376 metres.

 

author avatar
editor
See Full Bio
Share391Tweet245

Related Posts

Stamper Oil & Gas to acquire Namibian offshore assets through BISP deal
Oil & Gas

Stamper Oil & Gas to acquire Namibian offshore assets through BISP deal

  Stamper Oil & Gas Corp. has announced it has entered into a definitive agreement to acquire BISP Exploration Inc.,...

May 16, 2025
Rhino Resources and Halliburton complete Namibia’s first fully local offshore wells
Oil & Gas

Rhino Resources and Halliburton complete Namibia’s first fully local offshore wells

  Rhino Resources, in partnership with Halliburton, has successfully completed two exploration wells on Block 2914 within Petroleum Exploration Licence...

May 16, 2025

Recommended

No need to panic about Shell’s write-down of Namibian expenditure

No need to panic about Shell’s write-down of Namibian expenditure

4 months ago
South Africa considering buying Russian oil: minister

South Africa considering buying Russian oil: minister

3 years ago
Load More

Newsletter

Black transparent logo for dark mode

About Us

The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors

Categories

  • Copper
  • Diamonds
  • Energy
  • Gold
  • Green Hydrogen
  • Lithium
  • Mining
  • Namibia
  • News
  • Oil & Gas
  • Opinions
  • Tin
  • Uranium
  • Zinc

Get in touch

Email:newsdesk@miningandenergy.com.na

© 2024 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc

© 2024 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.