Oil & Gas

Energy industry leader Shakwa Nyambe has called for urgent reforms to accelerate Namibia’s transition from oil and gas exploration to full-scale production. Speaking at the third Namibia Oil and Gas...

Mines Minister Natangue Ithete says oil and gas could generate up to N$7.7 billion annually in government revenue through royalties and taxes. Speaking at the opening of the third Namibia...

Rhino Resources Ltd has commenced drilling its third exploration well in Namibia, the Volans-1X, on Petroleum Exploration Licence 85 (PEL 85) in the offshore Orange Basin. According to the company,...

Reconnaissance Energy Africa has announced the spudding of the Kavango West 1X exploration well on 31 July 2025. The well, located in Prospect I within Namibia’s Damara Fold Belt, is...

Pancontinental Energy has outlined a high-case prospective resource of 2.5 billion barrels of oil at its PEL 87 licence offshore Namibia, following a significant upgrade to its estimates across the...

Reconnaissance Energy Africa Ltd. (ReconAfrica) is set to begin drilling its Kavango West 1X exploration well before the end of July, marking its second test in Namibia’s Damara Fold Belt....

Namibia wants to increase oil production from zero to 150 million barrels of oil equivalent (mmboe) and raise gas output to 130 million standard cubic feet per day (mmscf/d) by...

Galp expects the lab analysis from the Mopane-3X sample in Q3 or Q4 of 2025, while the farm-down process is expected to be confirmed by the end of the year....

  Namibia’s mines ministry has approved a 12-month extension for PEL 79 to July 2026. PEL 79 covers Blocks 2815 and 2915 in the Orange Basin, a region that has...

Northern Ocean Ltd has signed a N$740 million drilling contract with Rhino Resources Namibia (Pty) Ltd for its semi-submersible rig Deepsea Mira to drill the Volans-1X exploration well in Namibia’s Orange...