Chevron eyes Namibian oil and gas riches with epic drilling campaign in coveted block - Upstream Online
Chevron joins Namibian hydrocarbon hunt with epic drilling campaign | Upstream Online
Chevron is preparing the ground to drill up to 10 exploration and appraisal wells in a highly promising block in Namibia’s exciting Orange basin, directly north of TotalEnergies’ multibillion-barrel Venus discovery.
The US supermajor farmed in to Block 2813AB last year, shortly after Tullow Oil exited and Venus was discovered, eventually acquiring all of the interest held by Australian junior Harmattan Energy and part of the stake held by local player Trago Energy.
Related Knowledge Center: ENERGY BASICS: nuclear
Nuclear energy provides almost 20 percent of the U.S. electricity supply. Advocates have called for an expanded role for nuclear as an emissions-free fuel source. But the economics of building new reactors are daunting. In addition, lingering safety concerns are an institutionalized part of the calculation of nuclear regulation, and highly radioactive nuclear waste remains a can that public officials have been inclined to kick down the road. The Energy Information Administration projects a sharp decline in nuclear power generation over the next decade, as new nuclear plants — two are planned — are more than offset by anticipated retirements of several operating reactors.