Oil

The global energy industry’s spotlight is firmly fixed on Namibia, a nation rapidly emerging as Africa’s premier exploration hotspot. To dissect this burgeoning sector, the African Energy Chamber (AEC), in partnership with Namibia’s Ministry of Mines and Energy and Wood Mackenzie, will host a pivotal webinar, “Exploration Hotspot: Focus on …

Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed a farm-in agreement with Custos Energy for PEL 82 in the Walvis Basin offshore Namibia. Under this transaction, Chevron acquired …

As Impact Oil & Gas, in collaboration with TotalEnergies, QatarEnergy, and NAMCOR, progresses important projects in Blocks 2913B and 2912, Namibia’s offshore oil and gas development is gaining steam. Namibia’s deep-water potential is changing the game for the nation’s energy industry, as evidenced by recent drilling results and continuing development …

The National Petroleum Corporation of Namibia (NAMCOR) has announced significant updates on offshore exploration, appraisal, and development activities in the Orange Basin, one of the world’s most promising oil and gas regions. These developments span several blocks, with joint ventures and operators advancing exploration and appraisal campaigns to unlock the …

The National Petroleum Corporation of Namibia (NAMCOR) has announced significant updates on offshore exploration, appraisal, and development activities in the Orange Basin, one of the world’s most promising oil and gas regions. These developments span several blocks, with joint ventures and operators advancing exploration and appraisal campaigns to unlock the …

Despite a recent $400 million write-down by Shell on its offshore oil discoveries, the Namibian government remains steadfast in its commitment to developing the country’s hydrocarbon potential. Shell, facing technical and geological challenges in extracting resources from its PEL39 block, determined that the discovered oil and gas were not currently …

 A flurry of exploration activity is set to kick off in Namibia’s offshore waters, with the arrival of the drilling rig Santorini signalling the start of a new wave of oil exploration. The Saipem-owned rig, en route to the Mopane field, owned by Portuguese energy giant Galp Energia, is the …

The pipeline of gas projects being developed in Africa has never been stronger. However, if the continent is to be competitive in an extremely dynamic international gas market, it must ensure that it offers value. This means shaping an offer that meets the financial and environmental sustainability needs of stakeholders. …

Black gold fever has gripped Namibia, with recent oil and gas discoveries sparking a national conversation about reaping the rewards. The spotlight shone brightly on ‘Namibian Content’ at the just-concluded Namibia International Energy Conference, drawing over 750 delegates eager to explore this potential economic game-changer. But what exactly is local …

Namibia has emerged as a highly attractive E&P play, with a series of investors and project developers turning their attention to the high potential market. During the Invest in African Energy Forum in Paris, taking place ahead of the much-anticipated African Energy Week (AEW) conference and exhibition, scheduled for October …