Seismic oil exploration starts offshore

A seismic survey in the PEL83 Offshore Licence comprises an area of around 3000 km² in Namibia’s deep-water area.

23 January 2019 | Energy

Augetto Graig

Portuguese-based energy company Galp will start with a 3D seismic research campaign in Namibia’s Deep-water Offshore Licence PEL83 in the Orange Basin on Friday.

The survey, contracted to Polarcus UK, will cover an area of around 3 000 square kilometres and should be completed in March.

The PEL83 licence was awarded in August 2016 by the ministry of mines and energy to a Galp-led consortium that also includes the National Petroleum Corporation of Namibia (Namcor) and Custos Energy, a Namibian company that has been a local partner of Galp since 2012, the Namibia Economist has reported.

The licence covers a total area of around 10 000 km². The area is located approximately 260 km from Lüderitz in what is considered a ‘Frontier Exploration Basin’.

Galp is a publicly held Portuguese energy company, with an international presence. Its activities cover all stages of the energy sector's value chain, from prospection and extraction of oil and natural gas from reservoirs located kilometres under the sea surface, to the development of efficient and environmentally sustainable energy solutions for customers, whether large industries that seek to increase their competitiveness, or individual consumers that seek the most flexible solutions for their home and mobility needs, according to their website.

They also claim to assist economic development of the 11 countries where Galp operates and to the social progress of those communities. Galp employs 6 389 people.

Polarcus is a maritime and technological innovation company which has invested in the latest new-build vessel designs and the most technologically advanced seismic and navigation systems to collect a seismic fleet that is one of the most modern and advanced in the world.

On 3 January Polarcus chief financial officer Hans-Peter Burlid announced that the utilisation of this seven-vessel fleet was at 96% for the last quarter of 2018, and at 87% for the year, up from 77%.

By the end of December the fleet was already 90% booked for the first quarter of this year, 85% for the second and more than half for the third.

On Tuesday MarineTraffic.com reported that the Polarcus Asima, the Polarcus Adira and the Polarcus Alima were all off the coast of Mauritania on route to an unrecognised destination designated ‘Survery Req CPA 7 NM.’ The Polarcus Alima, which had been in Walvis Bay since December, was also shown on route with its destination designation listed as ‘Towing Cables CPA 7 NM.’

Similar News

 

Angola's oil output to drop

2 days ago - 02 June 2020 | Energy

Oil production in Angola will fall to 1.3 million barrels per day due to the cancellation or postponement of investments planned for this year, Banco...

NamPower to electrify 1 000 households

6 days ago - 29 May 2020 | Energy

ELLANIE SMIT WINDHOEK NamPower is set to electrify 1 000 households in Windhoek's peri-urban areas at a cost of N$15.5 million. This was announced yesterday...

Covid-19 delays oil exploration in Kavango

1 week ago - 22 May 2020 | Energy

KENYA KAMBOWE KAWE Reconnaissance Energy Africa (ReconAfrica), which has an interest in exploring oil and gas in the Kavango basin,...

Alweendo optimistic about renewable energy prospects

2 weeks ago - 19 May 2020 | Energy

NAMPAKHORIXASThe ministry of mines and energy is optimistic about the future of the renewable energy sector and the growing presence of international oil companies in...

Fuel retailers scramble to avoid losses

3 weeks ago - 11 May 2020 | Energy

JANA-MARI SMITH WINDHOEK A brief stock shortage of petrol and diesel last Wednesday at some fuel stations was due to savings measures...

Fuel price drop to bring some relief

4 weeks ago - 07 May 2020 | Energy

OGONE TLHAGE WINDHOEK With fuel prices dropping by a further N$1 a litre, economists differed on whether this will indeed have a...

17 hours of darkness for northern towns

1 month - 17 April 2020 | Energy

ILENI NANDJATOOKATOPEA broken crossarm on a power line left parts of the north without electricity for several hours this week.The 66kV line between Okatope and...

Dundee Precious Metals Tsumeb reaffirms support to the Tsumeb...

1 month - 09 April 2020 | Energy

Dundee Precious Metals Tsumeb reaffirmed its support to the Tsumeb community by improving the preparedness levels of the Tsumeb District hospital should the COVID-19 virus...

Namibia's fuel stocks sufficient

2 months ago - 26 March 2020 | Energy

OGONE TLHAGEWINDHOEKThe ministry of mines and energy says there is sufficient fuel to supply the country during the lockdown which starts tonight at midnight. A...

Havana, Otjomuise powered by June

3 months ago - 25 February 2020 | Energy

The ministry of urban and rural development has committed a total of N$14 million for electrification for the 2019/20 financial year, an amount that is...

Latest News

Pupils in God's hands

3 hours ago | Education

ILENI NANDJATOOMUNGWELUMEWhile learners at Omungwelume Senior Secondary School squat in shacks due to an incomplete hostel, their principal has placed the situation in God's hands.“They...

Shimbulu wins first round against...

3 hours ago | Justice

ILENI NANDJATOOSHAKATIThe Windhoek High Court yesterday ordered the Oshakati town council not to implement an order by Swapo to replace councillor Katrina Shimbulu.The court also...

Central hospital gears for corona...

3 hours ago | Health

STEFFI BALZARWINDHOEKPresident Hage Geingob yesterday inaugurated an intensive care and isolation ward at the Windhoek Central Hospital, which will be used as part of the...

Heavy is the head

3 hours ago | Opinion

President Hage Geingob will deliver his State of the Nation Address today during what many have described as the gravest time for post-democratic Namibia.If any...

Fishrot investigators get more time

3 hours ago | Justice

OGONE TLHAGEWINDHOEKThe State has been allowed more time to complete its investigations into the Fishrot bribery scandal. Windhoek magistrate Ingrid Unengu yesterday refused to set...

Ondangwa robbers still at large

3 hours ago | Crime

ILENI NANDJATOONDANGWAThe Oshana police have so far recovered over N$92 000 of the N$200 000 stolen from a woman in front the Ondangwa FNB branch...

Gustavo denied bail

3 hours ago | Justice

OGONE TLHAGEWINDHOEKFishrot accused Ricardo Gustavo was denied bail in the Windhoek Magistrate’s Court yesterday.Magistrate Johannes Shuuveni said in his judgment that the charges faced by...

Let's be positive – Steenkamp

3 hours ago | Education

STAFF REPORTER WINDHOEK The executive director in the ministry of education, Sanet Steenkamp, yesterday encouraged teachers and learners to be positive, saying that...

No community transmission of Covid-19

3 hours ago | Health

ELLANIE SMIT WINDHOEK Health ministry executive director Ben Nangombe has confirmed there has still been no community transmission of the coronavirus...

Load More