South Korean shipbuilder Hanwha Ocean has entered the final bidding race for a floating production, storage and offloading (FPSO) unit for TotalEnergies’ Venus oil development offshore Namibia, with the contract estimated at N$48 billion (US$3 billion). Hanwha Ocean is...
QKR Namibia’s Navachab Gold Mine has recorded four million working hours without a Lost Time Injury (LTI), marking a...
Read moreDetails… Galp, TotalEnergies plan three new Mopane wells ahead of 2028 FID target Galp Energia is considering a further N$13...
Read moreDetailsNamibia drilled 27 exploration and appraisal wells between 2021 and 2026, while the Orange Basin recorded 40 petroleum discoveries...
Read moreDetailsNamibia’s mining sector has emerged as the main driver of a sharp rise in producer inflation, with mining and...
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