What specific stake did Equinor acquire in Namibia's Orange Basin, and from which entity?

Equinor acquired a 17.4% stake in exploration license 90 of Namibia’s Orange Basin from Chevron’s Harmattan Energy, which operates the prospect.

Which other major international oil companies are actively exploring in Namibia’s Orange Basin alongside Equinor and Chevron?

TotalEnergies SE, QatarEnergy, Shell Plc, BP Plc, and Eni SpA are all exploring the Orange Basin in Namibia alongside wildcatters.

Chevron Partners With Equinor in Namibia Oil Exploration

Aug 18, 2026

Equinor acquires a 17.4% stake in Chevron's Namibia exploration license 90, joining major energy firms targeting the Orange Basin. This partnership supports Equinor's international expansion and oil output growth strategy.

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Chevron Partners With Equinor in Namibia Oil Exploration

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