Welligence AEW Rumblings on the Ground | Rhino maintains momentum in Orange Basin
October 10, 2025
More positive news from the Orange Basin was the headline at Africa Energy Week 2025, as Rhino’s Volans gas-condensate discovery sharpened Namibia’s outlook. Equatorial Guinea advanced a 2026 licensing round and highlighted a planned revision to the Hydrocarbon Law as it looks to boost production and backfill the EGLNG plant.
Angola-focused Independents have expanded across onshore and shallow-water blocks, signaling stronger investment appetite and good potential for value creation. Gabon will introduce separate dedicated Oil and Gas codes to attract exploration capital and revive legacy finds. Together, these developments highlight a renewed focus on exploration focus, the increasing importance of gas, and the need for competitive fiscal frameworks across Sub-Saharan Africa.