Chevron Namibia Exploration II Limited, a subsidiary of Chevron Corporation, has acquired an 80% stake and operatorship in Petroleum Exploration License 82 (PEL 82) offshore Namibia from Custos Energy. The deal leaves...
Namibia’s Orange Basin is forecast to see a surge in drilling activity this year, with 7 to 10 wells expected to be drilled. Westwood’s latest Global E&A Wildcat review predicts a significant...
Namibia produced 2,234 million carats of rough diamonds in 2024, a 4% decrease from the 2.327 million carats of diamonds produced the previous year, latest figures show. According to latest figures released...
Namibia has expressed interest in leveraging Nigeria’s expertise to develop its rapidly growing oil and gas sector, particularly in exploration activities in Walvis Bay. Speaking at the Fifth Session of the Namibia-Nigeria...
Andrada Mining Limited has announced an increase in both lithium grade and volume in its latest Mineral Resource Estimate (MRE) for the V1V2 pegmatite at the Uis mine. The new estimate reveals...
Impact Oil & Gas has confirmed the discovery of black oil at the Tamboti-1X exploration well in Block 2913B (PEL 56), offshore Namibia. The well was safely and successfully drilled to a...
Africa Oil Corp is set to receive a US$31.6 million dividend from Impact Oil & Gas following the successful farm-out of Blocks 2912 and 2913B offshore Namibia to TotalEnergies, a transaction finalized...
French oil giant TotalEnergies has pushed back its final investment decision (FID) on its major offshore oil discovery in Namibia to 2026, CEO Patrick Pouyanne has announced. The Venus oilfield, initially expected...
Canadian exploration company, Great Quest Gold says it has uncovered promising assay results from its K17 Prospect in Namibia, indicating the potential for a significant polymetallic discovery. The latest rock chip samples...
Elevate Uranium has initiated the design and construction of its U-pgrade™ demonstration plant, a key step in the company’s efforts to advance its proprietary uranium beneficiation process. The plant, to be constructed...
