Oil & Gas

NAMCOR Executive for Upstream Development and Production, Mtundeni Ndafyaalako, says the estimated US$18 billion expected to be invested in the development and operation of the Venus oil field is already...

TotalEnergies has secured approval to exchange participating interests in Petroleum Exploration Licences (PELs) 56 and 91 for a participating interest in PEL 83 under a strategic offshore asset swap with...

ReconAfrica has reported the first successful recovery of hydrocarbons to the surface from an onshore well in Namibia after completing production tests on the Kavango West 1X discovery well, marking...

Pancontinental Energy has launched a feasibility study to identify the best way to improve the quality of seismic data collected over its offshore Namibian licence as it prepares for the...

Sintana Energy says its portfolio of five offshore petroleum exploration licences in Namibia recorded significant progress during the six months ended 30 June 2026, with the reporting period marked by...

Eco (Atlantic) Oil & Gas is steadily reshaping its Namibian offshore portfolio, with final ministerial approval for the transfer of its 85% participating interest in Petroleum Exploration Licence (PEL) 98...

The Namibian government has approved Prime Global Energies' entry into Tower Resources' offshore Petroleum Exploration Licence 96 (PEL 96), allowing the AIM-listed explorer to complete a farm-out agreement that has...

South Korea's Hanwha Ocean and Dutch floating production specialist SBM Offshore have emerged as the final contenders to build the floating production, storage and offloading (FPSO) vessel for Namibia's giant...

Eco Atlantic is preparing an extensive new exploration campaign offshore Namibia as it advances seismic programmes across three large petroleum licences in the Walvis Basin while awaiting completion of its...

Shell says its latest exploration well in Namibia’s Orange Basin has delivered the most promising subsurface results so far within Petroleum Exploration Licence 0039, strengthening the company’s assessment of the...