Africa Oil has noted Impact Oil and Gas disclosure on positive drill stem test (“DST”) results for the Venus-1X well, the major light oil discovery on Block 2913B. The Company also has further provided update on exploration and appraisal activities on Block 2913B and 2912, both located in the Orange Basin, offshore Namibia. Block 2913B […]

Namibia a South African country with a population of about 2.6 million people is abundant hydrocarbon reserves with an estimated value of about 11 billion barrels of oil as recently discovered offshore fields, with TotalEnergies’ Venus-1X find making up almost half of the total, state-owned oil firm NAMCOR said in a presentation of preliminary data […]

Three major oil discoveries made in less than one-year, attractive fiscal policies and market-focused regulations, and a strong partner in the national oil company (NOC) have made Namibia one of the world’s most enticing hydrocarbon plays in 2023. Eager to capitalize on this growing interest, the government has put in place an ambitious growth agenda […]

Reconnaissance Energy Africa Ltd (ReconAfrica) a Canadian oil and gas company engaged in the exploration and development of oil and gas in Northeast Namibia and Northwest Botswana announced that it has received its Environmental Clearance Certificate (ECC) from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism, covering PEL 73 licence, which […]

Angola has indicated readiness to contribute to the development of the oil sector in Namibia. The National Agency for Petroleum, Gas and Biofuels (ANPG) recently signed a Memorandum of Understanding (MoU) with its counterpart in the Republic of Namibia, Directorate of Petroleum Affairs (DPA in English, Directorum of Petroleum Affairs), during the international conference called NIEC (Namibia […]

In Namibia, independent power producer (IPP) Cerim Lüderitz Energy has signed the necessary agreements for the development of the Lüderitz wind project with the state-owned company NamPower. The project involves the construction of a 50 MW wind farm. Namibia will have a new wind farm within a few months. This is the aim of the […]

Namibia’s power utility, NamPower, and CERIM Luderitz Energy, a joint venture between Energy China and locally owned Riminii Investments, on Monday signed power purchase and transmission connection agreements to develop a 50 MW wind power plant in the coastal town of Luderitz, southwestern Namibia. WINDHOEK, April 18 (Xinhua) — Namibia’s power utility, NamPower, and CERIM […]

Africa Oil Corp has announced the company participation in a USD 95.0 million Open Offer by Impact Oil & Gas Limited a privately–owned and African–focused exploration company. The capital raised shall be used towards funding Impact’s participating share of the multi-well drilling and testing programme in Namibia to further evaluate and appraise the Venus discovery; a world class, light-oil […]

Metatek-Group Limited, a worldwide airborne geophysical survey specialist based in the United Kingdom, is currently conducting an eFTG survey over an area of nearly 2,200 square kilometers (540,000 acres) in ReconAfrica’s 25,000 square kilometers (6.3 million acres) PEL073 exploration license in north-eastern Namibia. The airborne component of the survey is expected to be completed by […]

QatarEnergy has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Energy of the Republic of Namibia to strengthen cooperation in the energy sector. The agreement was signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and His Excellency Mr. […]