Industry leaders reaffirmed their commitments to exploration, local content and financial strategies at the 7th Namibia International Energy Conference in Windhoek At the Namibia International Energy Conference (NIEC) on April 23, industry leaders from Chevron, the National Petroleum Corporation of Namibia (NAMCOR) and Rand Merchant Bank (RMB) outlined critical developments in the country’s oil and […]
Impact Oil & Gas, a privately owned, Africa-focused exploration company, has announced the conclusion of the third drilling campaign offshore Namibia after the completion of drilling operations on the Marula-1X exploration well in Block 2913B (PEL 56). Impact has a 9.5% interest in Blocks 2912 and 2913B in Namibia’s Orange Basin. Africa Oil through its […]
…..and to Act on Fiscal Stability By NJ Ayuk, Executive Chairman, African Energy Chamber The world is watching Namibia. To be more specific, the energy world is watching. This was evident at the recently concluded Namibian Internation Energy Conference. Ever since oil and gas majors, Rhino Resources, Galp Energia, Shell and TotalEnergies announced massive hydrocarbon discoveries in […]
bp has confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia’s Orange Basin, as reported by operator Rhino Resources. Petroleum Exploration License 85, where the well was drilled, is operated by Rhino Resources with a working interest of 42.5%. The Capricornus 1-X well, spudded on 17 February using the Noble Venturer drillship, reached total depth on 2 April, […]
Grand Gulf Energy has entered into a binding Option Agreement, providing Grand Gulf with an exclusive option to acquire 100% of Wrangel Pty Ltd (Wrangel). Wrangel is an applicant for a 70% working interest (WI) in a Petroleum Exploration Licence (PEL) over Block 2312 in the Walvis Basin, offshore Namibia. The application is in partnership […]
Reconnaissance Energy Africa has announced a drilling update on Prospect I located onshore Namibia in Petroleum Exploration Licence 073 (PEL73) and the Company’s largest prospect to be drilled so far. ReconAfrica is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources, or 1.9 trillion cubic feet of unrisked […]
In recent years, Namibia has emerged as one of the most significant focal points for oil and gas exploration in Africa, driven by a surge in exploration activities and the increasing presence of major international oil companies (IOCs). The country’s attractiveness as a destination for exploration and production (E&P) campaigns is largely attributed to its […]
Namibia’s offshore oil and gas industry is set for significant growth in 2025, driven by new licensing opportunities and an uptick in drilling activities, Petroleum Commissioner Maggy Shino announced during a webinar hosted by the African Energy Chamber, Wood Mackenzie and Namibia’s Ministry of Mines and Energy. The move is set to attract fresh investment […]
Reconnaissance Energy Africa Ltd. announces the acceleration of drilling into Q2 2025 and a corporate update. ReconAfrica has continued to pursue activities relating to the drilling of Prospect I. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set to be undertaken in the coming weeks. As a result of the […]
Sintana has said that Pancontinental has received notification from Woodside Energy (GOM) Inc. that Woodside has elected not to exercise its option to farm-in to the PEL 87 project. This notice has been received in advance of the long stop date of May 18th, 2025, after which Woodside’s option was due to expire and a […]
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