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Portuguese oil firm Galp discovers oil and gas in Namibia, signaling potential new production.
Galp Energia, a Portuguese oil and gas company, has discovered light oil and gas condensate in the Mopane-1A well in Namibia's offshore block PEL83.
The well encountered high-quality reservoir sands with good porosity and high permeability.
Galp, which operates the block with an 80% interest, plans further exploration and a 3D seismic campaign starting in December.
The discovery could lead to Namibia entering the global oil market, with potential oil production by decade's end.
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La petrolera portuguesa Galp descubre el petróleo y el gas en Namibia, lo que indica un potencial de nueva producción.