Oil & Gas

A Reuters report Tuesday says Rhino Resources and its partner Azule Energy will drill the new Volans-1X exploration well offshore Namibia in late July or early August. The report quotes...

Reconnaissance Energy Africa is seeking to raise N$130 million (C$10 million) for exploration activities, working capital and general corporate purposes. The primary exploration activity to be funded will be the...

ReconAfrica President and CEO Brian Reinsborough says they are encouraged by the progress of the necessary pre-drill activities on Prospect I, which is moving us closer to spudding the well. Prospect...

Supernova Metals Corp., soon to be renamed Oregen Energy Corp., will increase its shareholding in WestOil from 12.5% to 48.5% after acquiring Oram Energy's 36% shares for N$32 million (US$1.8...

Geo Exploration Limited (formerly Global Petroleum Limited) has identified two new sandstone leads - Emerald and Beryl - on PEL 94 Block 2011A in the Walvis Basin. PEL 94 covers...

Meren Energy (formerly Africa Oil Corp) says TotalEnergies' next possible drill target on Block 2912 in the Orange Basin has been identified as Olympe-1X. This target makes up the next...

Five oil and gas blocks in three of the four major basins offshore Namibia are at the centre of an acquisition agreement between Stamper Oil & Gas Corp. and BISP. The...

Rhino Resources and Halliburton announced the delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia. Halliburton's collaborative approach and integrated services were instrumental in...

Namibia expects France’s TotalEnergies and Norway’s BW Energy to take final investment decisions on oil projects offshore the African country in late 2026, a senior Namibian official says. TotalEnergies is...

Supernova Metals Corp. entered into a non-binding letter of intent on May 4, 2025, with Oregen Corp. to review a potential acquisition of a further 36% interest in WestOil Limited....