Galp Energia Initiates Second Drilling Campaign in Orange Basin

Galp Energia SGPS SA (GLPEY) , an oil and gas exploration player in Portugal, has initiated a second exploration and appraisal campaign offshore Namibia. It has done so after the successful discovery of light oil in high-quality reservoir sands during the first campaign. Galp Energia conducted the first exploration campaign in PEL 83 in the Orange Basin, offshore Namibia.Galp Energia Books Saipem for Second CampaignFor the second exploration campaign, the Santorini drillship, acquired by Saipem S.p.A (SAPMF ...