Oil & Gas

Monitor Exploration has agreed to collaborate with Exito Energy Resources to advance exploration efforts on PEL 105 in the Owambo Basin. Exito Energy Resources holds PEL 105 on blocks 1718...

Saipem's 12,000-foot drillship Santorini is mobilizing from Côte d'Ivoire, where it has worked for Eni, to Namibia. The rig is expected to arrive in Namibian waters by mid-October. Market sources...

ReconAfrica has come a long way, and the company's path needed economic faith. It also needed a lot of money and strength to fight off spirited campaigns to stop the...

By NJ Ayuk Pressure is building to phase out fossil fuels in Africa to fight climate change. Organizations ranging from the World Bank to the European Investment Bank (EIB) have...

BW Energy is working on defining the first exploration target well at the Kudu gas-power project. The company is also working on securing long-lead items for an exploration program planned...

ReconAfrica says the Naingopo exploration well is drilling beyond 2,400 metres or 7,875 feet, with surface casing set at 350 metres and a first casing string set at 1,200 metres....

This article is a verbatim version of a welcoming speech delivered Jason Kasuto, the Chairperson of the Economic Association of Namibia, at the second Namibia Oil and Gas Conference in Windhoek...

Africa Oil Corporation will increase its shareholding in Impact Oil & Gas to 32.4% from 31.1%. The Canadian company will purchase 25,652,039 shares from 42 accepting shareholders for about US$18.6...

Namibia has invited Tower Resources to apply to enter the First Renewal Period of PEL 96 for 2–3 years. Tower is the operator of the license PEL 96 with 80%...

Global Petroleum Limited has entered into early commercial discussions with a potential operating partner for a farm-in agreement for its license PEL94 in the Walvis Basin. The company holds a...