Oil & Gas

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...

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...