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With 2.5 million tonne production forecast, Namibia hopes for significant gas discovery.

A significant development as Namibia sets itself as a new energy leader in southern Africa, NAMCOR, the national oil firm of Namibia, has said the country might soon be generating more than 2.5 million tons of natural gas annually. Mtundeni Ndafyaalako, Executive of Upstream Development & Production at NAMCOR, spoke …

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Strategic Mergers and Acquisitions Invest in fuel and expand Namibia’s upstream oil and gas sector.

Driven by a rising wave of mergers and acquisitions (M&As), Namibia’s oil and gas industry is undergoing an extraordinary change. Industry executives gathered at the Namibia International Energy Conference (NIEC) on Thursday to underline how M&As are significantly transforming the upstream sector of the nation. These agreements are not only …

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NAMCOR and Partners Strike Light Oil at Capricornus 1-X Well.

The National Petroleum Corporation of Namibia (NAMCOR) has reported a notable light oil discovery at the Capricornus 1-X exploration well under Petroleum Exploration License (PEL) 85, which might be a turning point for Namibia’s expanding oil and gas sector. Operator Rhino Resources drilled the well, which is located in the …

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