The National Petroleum Corporation of Namibia (NAMCOR) has appointed its Executive for Upstream Exploration, Victoria Sibeya, as Acting Managing Director following the conclusion of Ebson Uanguta’s tenure in the role. NAMCOR Board...
Oil and gas exploration firm Tower Resources has secured a £500,000 (N$11.8 million) unsecured, fixed-price convertible bridge loan from Prime Resources Limited (PR) to provide working capital flexibility as it finalizes farm-out...
By Shakwa Nyambe On Saturday 22nd March 2025, the newly inaugurated Namibian President Her Excellency Dr. Netumbo Nandi-Ndaitwah unveiled a bold ministerial rearrangement, placing the management of the country’s fast-emerging oil and...
Shell is expected to decide in the fourth quarter of 2025 whether it will proceed with field development in Namibia’s offshore PEL 39 block, while Chevron moves closer to completing its seismic...
By Laimi N. Shigwedha The discovery and development of oil and gas resources in Namibia present a significant opportunity for economic transformation. However, for these benefits to be widely shared, local content...
Norwegian offshore services company Argeo has completed deepwater operations at TotalEnergies’ Venus project off the coast of Namibia. The project, initially expected to be completed sooner, faced delays due to an extended...
The Ministry of Mines and Energy has expressed confidence that Namibia will secure at least two Final Investment Decisions (FIDs) in its emerging oil and gas sector by 2027, paving the way...
Namibia generated 60.9% of its electricity demand in January 2025, producing 288,909 megawatt-hours (MWh), while imports accounted for 39.1% (185,642 MWh), according to official data from the Namibia Statistics Agency (NSA). The...
Namibia is in discussions to export green hydrogen to South Africa to support the decarbonization of its car manufacturing industry, as the neighboring country seeks to maintain market share in the carbon-conscious...
Namibia’s diamond production rebounded sharply in January 2025, with the Diamond Production Index increasing by 34.9% after a 6.1% decline in December 2024, official data from the Namibia Statistics Agency (NSA) shows....
