Galp Energia Achieves Success in Namibia's Mopane Complex

Galp Energia, SGPS, S.A. (GLPEY) , a Portuguese integrated energy firm, recently announced a remarkable discovery of oil and gas in Namibia's Orange Basin under its Petroleum Exploration License 83, which was successfully spudded in December 2024. The Mopane-2A well, part of an ongoing exploration and appraisal (E&A) campaign, discovered a hydrocarbon column of gas-condensate in the AVO-3 reservoir with a thin net pay in the reservoir and a hydrocarbon column of light oil in the AVO-4 reservoir.Both AVO-3 a ...