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flag BP confirms oil and gas find in Namibia’s Orange Basin with high liquid yield, pending commercial evaluation.

flag BP has confirmed an oil and gas discovery in Namibia’s Orange Basin, located in Petroleum Exploration License 85, operated by Rhino Resources. flag The find, made using the EDrill-2 rig under a PTTEP contract, features a high liquid yield and involves co-venturers Azule Energy, NAMCOR, and Korres Investments. flag While reserve sizes and commercial viability remain undisclosed, the discovery strengthens interest in Namibia’s offshore potential amid ongoing global energy transitions. flag No production timelines have been announced.

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