Rhino Resources Backs African Energy Week 2025 as Gold Partner to Unlock Africa’s Hydrocarbon Potential

Rhino Resources’ operations and success in Namibia’s Orange Basin highlight the vast potential of Africa’s deepwater plays to drive energy security and economic growth

CAPE TOWN, South Africa, August 21, 2025/APO Group/ --

Independent oil and gas exploration firm Rhino Resources has confirmed its participation as a Gold Partner at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. The company’s involvement underscores its commitment to unlocking Africa’s hydrocarbon potential in support of AEW’s mission to make energy poverty history by 2030.

Rhino Resources is advancing a robust portfolio of exploration and appraisal campaigns aimed at driving Namibia toward its goal of first oil production by 2030. In 2025, the company made multiple discoveries, including Sagittarius-1X and Capricornus-1X, confirming the Orange Basin’s potential as a global deepwater hotspot. In July, Rhino spudded the Volans-1X well on Block PEL 85 offshore Namibia, a campaign involving 1,200 meters of drilling and collaboration with Halliburton Namibia to strengthen local content development.

In April 2025, the company announced that light oil tests at Capricornus-1X on Block 2914 yielded flow rates exceeding 11,000 stock tank barrels per day, with additional results under evaluation to refine its exploration strategy. Earlier, in February 2025, Rhino completed drilling of Sagittarius-1X on the same block. To reinforce its Namibian operations, Rhino signed a farmout agreement with Azule Energy in December 2024, bringing additional capital, expertise and technical capacity to Block 2914.

Meanwhile, in South Africa, Rhino Resources is preparing a six-well drilling campaign in the Karoo Basin, slated for 2026. The program targets the country’s natural gas, helium and hydrogen potential, positioning South Africa as an emerging player in diversified energy resources. The campaign is expected to play a pivotal role in strengthening domestic energy security while opening new avenues for industrial growth and investment.

“Rhino Resources’ operations and success in Namibia’s Orange Basin highlight the vast potential of Africa’s deepwater plays to drive energy security and economic growth,” stated Tomás Gerbasio, VP of Commercial and Strategic Engagement, African Energy Chamber. “Additionally, the company’s planned investments in South Africa mark a significant step in unlocking the country’s untapped natural gas and helium resources, strengthening its role in Africa’s evolving energy landscape.”

Amid its growing footprint across Southern Africa, Rhino Resources will engage with African policymakers, potential partners, market stakeholders and global investors at AEW 2025: Invest in African Energies to advance its projects and forge new deals. The company’s participation will spotlight Namibia’s Orange Basin opportunities alongside South Africa’s upcoming gas developments, further positioning Africa as a global exploration frontier.