Oil & Gas

Galp Energia should have a very good view of the volumes of the Mopane reservoirs by late March 2024. Galp started drilling the Mopane-1X on November 17, 2023, and announced...

Oil and gas explorer 88 Energy and its partners will start a 2D seismic program on PEL 93 in the Owambo basin in mid-2024, following planning, public consultation, environmental compliance...

By Tom Alweendo As the 2023 U.N. Climate Change Conference, the 28th Conference of Parties (COP28) in Dubai, drew to a close, the air was thick with determination among the...

Namibia's oil discoveries have been a source of optimism for the future trajectory of the economy. Yet with great excitement comes caution, as other countries' experiences internationally provide stark lessons...

Galp Energia's latest confirmation that its Mopane-1X has yielded a significant column of light oil raises hopes early in the year. Mopane-1X is in the Orange Basin off the coast...

Namibia has granted Pancontinental Energy's first renewal for PEL 87 in the Orange Basin from January 23, 2024, to January 22, 2026. Pancontinental applied for the extension in October 2023....

The mines minister, Tom Alweendo, has welcomed the news of the oil discovery by Galp and partners Custos and Namcor in the Orange Basin as a further demonstration of Namibia’s...

The earlier reported signs of hydrocarbons by Galp Energia for the Mopane-1X well in the Orange Basin off the coast of Namibia have been proven to be a significant oil...

The Mopane-1X well on PEL 83 in the Orange Basin off the coast of Namibia has shown signs of hydrocarbons. The Mopane-1X (marked Well-1X on the map) is one of...

ReconAfrica says discussions to buy the state-owned Namcor's 5% stake valued at US$2m are ongoing. Namcor has a 10% stake in the onshore PEL 73 in the Kavango Basin. In...