Oil & Gas

Custos says the Mopane complex in the Orange Basin had an estimated 10 billion barrels of oil equivalent or higher before drilling additional exploration and appraisal wells. The Mopane complex...

88 Energy plans to drill a potential initial exploration well on PEL 93, targeting the Damara play in the Owambo Basin as early as the second half of 2025. PEL...

ReconAfrica has commenced the major civil works associated with building access roads to the well site in the Kavango region. The company announced Thursday that the primary contractor had mobilised...

Reconnaissance Energy Africa will now be able to drill its first well, Prospect L, in the Damara Fold Belt after raising N$238 million (C$17.25 million) from selling 19,166,705 at C$0,90...

Namibia’s oil and gas sector is still looking forward to reaching the production phase — S&P Global analysts don’t anticipate Namibia's first oil to come until 2029, and the country’s...

If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet...

Sintana Energy Inc. says Galp and its partners Namcor and Custos have encountered a significant column of light oil in high-quality reservoirs on Mopane-2X on PEL 83 in the Orange...

An independent qualified reserves evaluator says ReconAfrica's gross unrisked prospective oil in place in identified prospects at its Kavango asset is 15.4 billion barrels. The Netherlands, Sewell & Associates, Inc.,...

President Nangolo Mbumba said Namibia expects firmer estimates of recoverable oil and gas reserves this financial year. Mbumba, who delivered his first State of the Nation address Thursday, said Namibia...

Chevron, RMB, and Shell are the Saphire sponsors for the 6th Namibia International Energy Conference, which will be held from 23 to 25 April 2024. The conference, which takes place...