Staff Reporter
NAMIBIA’S offshore oil and gas sector is poised for a year of high activity and strategic expansion in 2025, as multiple rigs begin operations under major international energy firms. With increasing global interest in the country’s offshore reserves, Namibia is solidifying its reputation as a rising hub for exploration and development.
Active Offshore Rigs and Their 2025 Plans
Namibia’s offshore fields will host several drilling rigs this year, each backed by key industry players:
Deepsea Bollsta (Odfjell Drilling): Contracted by Chevron at a day rate of $440,000, this semi-submersible rig is currently drilling the Kapana-1X well.
Deepsea Mira (Odfjell Drilling): Operating at a rate of $380,000 per day for TotalEnergies, this rig is engaged in drilling the 2913B/Tamboti 1X well, with options for additional wells in the region.
Noble Venturer (Noble Drilling): Working in PEL-85 for Rhino Resources, this drillship is targeting three wells, operating at a day rate of $410,000.
Santorini (Saipem): Commissioned by Galp Energia, this drillship is assigned to drill one well in Namibian waters.
These projects highlight Namibia’s growing importance in the global energy landscape, with exploration efforts setting the stage for potential new discoveries and further investment.
A Strategic Energy Frontier
As global energy giants continue to invest in Namibia’s offshore sector, the country is fast emerging as a strategic oil and gas frontier. With a combination of promising reserves and an increasing number of active rigs, 2025 is shaping up to be a pivotal year for Namibia’s energy ambitions, potentially unlocking long-term economic and operational growth.
Picture for illustrative purposes only.