Oil & Gas

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...

Sintana Energy has committed US$1 million to secure exclusivity over a potential indirect interest in PEL 37 in Namibia’s offshore Walvis Basin, as the company evaluates a strategic expansion alongside...

ReconAfrica chief executive officer Brian Reinsborough says production testing at the Kavango-1X well in northeastern Namibia is expected to begin in the second quarter of 2026 as the company advances...

ReconAfrica has secured C$36.8 million (about N$500 million) in fresh funding following the closing of a fully underwritten equity offering to accelerate appraisal and testing activities across its Namibian and...

Shell is preparing to return to Namibia’s offshore fields as the Deepsea Mira drilling rig has been awarded a new one-plus-one well contract, marking the supermajor’s renewed commitment to exploration...

TotalEnergies has taken operational control of Namibia’s Mopane oil discovery after striking a major asset-swap deal with Galp Energia, Reuters reported on 9 December. Under the agreement, TotalEnergies will acquire...

ReconAfrica says it has penetrated a roughly 400-metre gross hydrocarbon-bearing interval in the Otavi carbonate section at its Kavango West 1X well, drilled to a total depth of 4,200 metres...

Stamper Oil & Gas Corp., a Canadian-listed junior with ambitions far greater than its market size, has positioned itself at the heart of Namibia’s accelerating offshore exploration boom. Through a...

BW Energy has announced the completion of drilling operations on the Kharas-1 appraisal well in the Kudu licence area offshore Namibia, confirming the presence of liquid hydrocarbons in the block...