Portugal-based energy firm Galp on Tuesday announced a new light oil and gas-condensate discovery offshore Namibia, which has become one of the world’s latest exploration hotspots.. Galp and its ...

Namibia’s offshore has yielded quality discovery as the African country continues to be an exploration hotspot for international companies. Portugal’s Galp has just successfully drilled and ...

(Sharecast News) - Shares in Portuguese oil company Galp Energia popped on Monday, after it announced completion of the initial exploration phase in the Mopane field, offshore Namibia, revealing ...

In a statement posted on its website on Tuesday, Galp said it has successfully drilled, cored, and logged the Mopane-3X well in Petroleum Exploration License 83 (PEL 83), offshore Namibia. The ...

Portuguese oil company Galp Energia said on Sunday it had concluded the first phase of exploration in the Mopane field off the coast of Namibia and estimated it could have at least 10 billion barrels ...

The PEL 83 Joint Venture partners have revealed an additional oil and gas condensate discovery in the Mopane field in Namibia's Orange Basin. The Mopane field is estimated to hold more than ten ...

Exxon Mobil XOM-N has pulled out of the race to buy half of Galp Energia’s stake in a large oil discovery in Namibia that has attracted interest from top energy companies, sources with knowledge ...

Portugal's Galp Energia will need a partner to develop a prolific oil find in Namibia as it is "beyond its financial means" to keep an 80% stake in the exploration block that includes the Mopane ...

MILAN, Oct 24 (Reuters) - Saipem (SPMI.MI), opens new tab is about to start work on deep water drilling in Namibia for Portugal's Galp Energia (GALP.LS), opens new tab, the chief executive of the ...

Galp Energia has confirmed the discovery of a “significant column of light oil in reservoir-bearing sands of high quality” in the Mopane-1X well in block PEL83, offshore Namibia. Galp, the ...