Oil & Gas

Monitor Exploration has commenced a high-resolution airborne geophysical survey over PEL 93, advancing exploration following a 2024 seismic campaign that identified 11 structural leads with multi-billion-barrel hydrocarbon potential. Survey acquisition...

88 Energy is moving to sharpen drilling targets on Petroleum Exploration Licence 93 (PEL 93) in Namibia’s onshore Owambo Basin by launching a high-resolution airborne geophysical survey in the first...

Energy lawyer Shakwa Nyambe says Namibia must urgently amend its petroleum legislation to prevent regulatory paralysis, restore investor confidence and avoid delaying Final Investment Decisions on major offshore oil developments,...

Namibia has moved to the centre of BW Energy’s near-term strategy, with the company preparing a data room for its offshore licence after appraisal drilling confirmed the presence of liquid...

The proposed amendments to the Petroleum (Exploration and Production) Act of 1991 set out an expanded, centralised mandate for a new Upstream Petroleum Unit, which will oversee licensing, regulation, data...

Tower Resources chief executive officer Jeremy Asher says engagement with Namibia’s national oil company has resumed, with Namcor confirming it is back to work on due diligence and documentation linked...

88 Energy reveals that pre-risking is underway at PEL 93, where the company holds a 20% working interest, following regulatory approval for a licence extension and the rollout of a...

Pancontinental says there is a chance that the Saturn Complex on PEL 87 in the Orange Basin could host more than 5 billion barrels of recoverable oil across six prospective...

Eco Atlantic Oil & Gas has raised US$10 million (about N$190 million) through a direct equity subscription from Israeli-based investors to strengthen its capacity to advance offshore exploration activities in...

Pancontinental’s licence for PEL 87 offshore Namibia reaches the end of its First Renewal Exploration Period on 22 January 2026, while an application submitted on 6 October 2025 for a...