Semi-sub rig finds ‘significant’ oil discovery offshore Namibia

Portuguese oil and gas company Galp has confirmed a light oil discovery in a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. This well was drilled by an Odfjell Drilling-managed semi-submersible rig. The Portuguese player set the stage to drill a well in license PEL 83 in the heart of Namibia’s Orange Basin after entering into a contract with SFL Corporation for the Odfjell Drilling-managed Hercules rig in May 2023. The 115-day contract is for two wells plus optional well testing.

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