Chevron Corporation (CVX) has chosen the Deepsea Bollsta semi-submersible rig for an upcoming exploration well in Namibia’s Orange Basin, as announced by Northern Ocean Ltd., a provider of offshore drilling services.
Scheduled to commence in the fourth quarter of 2024, this operation will target Block 2813B under Petroleum Exploration License (PEL) 90, situated north of TotalEnergies SE’s Venus discovery.
The Orange Basin, known for its potential, has attracted major interest due to recent discoveries like TotalEnergies SE’s Venus.
Chevron’s decision underscores the basin’s attractiveness for significant hydrocarbon findings. Block 2813B’s proximity to the Venus field enhances its strategic importance, promising substantial reserves and potential for future energy production.
The Deepsea Bollsta rig is renowned for its capabilities in ultra-deepwater drilling, equipped to handle challenging conditions typical of the Orange Basin.
Its advanced technology ensures efficient operations, aligning with CVX’s goal to achieve exploration success efficiently and safely.
Chevron’s initiative in Namibia aligns with its global strategy to expand reserves through innovative exploration efforts.
By focusing on high-potential areas and leveraging advanced technologies, Chevron aims to strengthen its position in the competitive global energy landscape.
