Oil & Gas

88 Energy and its partners have proposed surrendering 50% of Namibia’s PEL 93, while retaining all 13 prospects and leads identified across the licence as they seek approval for another...

Equinor is hoping Chevron's planned Nabba-1X exploration well offshore Namibia will deliver a “pretty big” oil discovery comparable to major finds already made in the Orange Basin, as the Norwegian...

ReconAfrica is preparing to begin a 1,000-metre horizontal production test at its Kavango West 1X discovery in Namibia in October, with specialised equipment being shipped from the United States after...

Tower Resources is awaiting Namibia's minister's signature and stamping on documents transferring an interest in offshore Petroleum Exploration Licence 96 (PEL 96) to Prime Global Energies, the final step before...

Namibia is preparing an onshore petroleum supply base, expanded fuel storage, a petrochemical testing laboratory and modern seismic and geoscientific data systems as part of a government plan to ensure...

Namibia has pledged to maintain predictable rules and timely decision-making for oil and gas investors, but says companies will also be expected to honour their investment, performance and conduct commitments...

Namibia should not measure the success of its emerging petroleum industry by producing its first barrel of oil, the government says, and the real test will be whether the sector...

Norwegian energy company Equinor is entering Namibia's offshore oil and gas sector after agreeing to acquire a 17.4% participating interest in Chevron-operated Petroleum Exploration Licence 90 in the Orange Basin....

ReconAfrica is preparing to drill the Kavango West 2A appraisal well after natural gas and potential liquids flowed to the surface from a second zone at its Kavango West 1X...

Pancontinental Energy has until 22 January 2027 to advance exploration on its offshore Petroleum Exploration Licence (PEL) 87 after the Namibian government granted the company a 12-month extension, setting the...