Halliburton and Rhino Sources have delivered two exploration wells inside Petroleum Exploration License (PEL) 85 offshore Namibia, the businesses introduced this week.
These exploration wells are the primary to be accomplished completely from in-country infrastructure by way of Halliburton’s newly established operational bases in Walvis Bay, Swakopmund, and Lüderitz.
“This success is an instance of what’s potential when world-class expertise, native collaboration, and a shared long-term imaginative and prescient come collectively,” mentioned Antoine Berel, vp, Halliburton Sub-Saharan Africa. “Our newly established infrastructure throughout Namibia enabled this discovery, which can assist unlock Namibia’s power potential and construct the capability to assist the nation’s future as an power hub in Africa.”
As Namibia attracts worldwide curiosity in its offshore basins, the success of this marketing campaign units a brand new customary for power improvement within the area.
“On the onset of the drilling marketing campaign, we communicated to our companions that Rhino’s exploration efforts in Namibia ought to concurrently show geological potential and ship long-term advantages for the nation,” mentioned Travis Smithard, CEO of Rhino Sources. “The discoveries on Block 2914 are a promising begin to this journey, which can contribute to the inspiration we’re laying for Namibia’s burgeoning oil and fuel trade — one constructed on data and abilities switch, native capability constructing and the upliftment of younger Namibians.”
In October 2024, Rhino Sources and Halliburton inaugurated the Rhino-Halliburton Expertise Centre on the College of Namibia (UNAM) Southern Campus, a state-of-the-art facility aimed to advance geoscience training and analysis nationwide. The middle represents a long-term funding in Namibia’s youth, who will present the long run human capital and scientific management within the power sector.
The collaborative and built-in local-first method underscores the worth that Halliburton and Rhino Sources convey to Namibia and serves as a mannequin for future initiatives within the nation and the area.
