Business
QatarEnergy announced a significant oil discovery at the Merlin-1X exploration well in Petroleum Exploration License 39 (PEL 0039), offshore Namibia. This is the tenth well drilled under the license and has yielded the most promising…
Impact: The South Africa — Orange Basin is confirmed as an emerging world-class hydrocarbon province, with a steady stream of discoveries fueling expectations for significant crude production. The Merlin-1X discovery further strengthens confidence in its potential.
Jun 09, 2026 · 7 articles