
Rhino Resources Confirms Connected Oil Reservoir at Capricornus-1A Offshore Namibia
Rhino Resources confirmed that Capricornus-1A encountered an oil-bearing reservoir connected to Capricornus-1X, adding appraisal data for PEL 85 offshore Namibia.

Rhino Resources confirmed that Capricornus-1A encountered an oil-bearing reservoir connected to Capricornus-1X, adding appraisal data for PEL 85 offshore Namibia.

Shell has reported a new light oil discovery at Merlin-1X on PEL 39 offshore Namibia, with further drilling under consideration later in 2026.

Saipem 12000 has arrived in Namibia to support Rhino Resources’ Capricornus-1A appraisal well in the Orange Basin.

Rhino Resources and Northern Ocean have extended the Deepsea Mira drilling contract offshore Namibia, adding an extra well test and increasing the firm backlog to $394 million.
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