Oil & Gas

Reconnaissance Energy Africa has reached a total depth of 4,184 metres (13,727 feet) on the Naingopo exploration well on Petroleum Exploration Licence 073 onshore Namibia. The Naingopo well is targeting 181...

BW Energy has sanctioned drilling an appraisal well targeting the Kharas Prospect north-west on the Kudu formation in the second half of 2025. Long-lead items have been secured, and the company...

Pancontinental Energy says the interpretation and analysis of the pre-stack depth migration seismic dataset on PEL 87 in the Walvis Basin is nearing completion. The Australian company operates PEL 87...

Reconnaissance Energy Africa has become the first oil and gas exploration company to be dual listed on the Namibian Stock Exchange. The company was listed under the symbol REC on...

88 Energy is targeting drilling the first well on PEL 93 in the Owambo basin in 2026, subject to approvals. The company has completed 2D seismic processing over PEL 93,...

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...