Azule Energy has officially acquired a 42.5% interest in Block 2914A (PEL85) in Namibia's Orange Basin. The acquisition follows the successful completion of a Farm-Out Agreement with Rhino Resources, announced in May...
The Helix Q7000, a purpose-built DP3 semi-submersible vessel owned by U.S.-based offshore energy services provider Helix Energy Solutions, has docked at Namibia's Port of Walvis Bay as part of preparations for its...
Namibia is poised to take centre stage in global oil and gas exploration, with four rigs set to begin drilling US$100-200 million wells each in the Orange Basin within a week. According...
Bannerman Energy says its Etango Project continues to achieve significant milestones as its processing facilities and infrastructure developments progress seamlessly. With a strong cash position and a flexible, phased approach to construction,...
Sintana Energy Inc. has announced that Northern Ocean’s Deepsea Bollsta rig is set to carry out its inaugural exploration campaign on Block 2813B, targeting the highly anticipated Kapana-1X well in the second...
Trigon Metals Inc. says it has signed a binding loan agreement with Horizon Corporation Ltd for up to N$89 million (US$5 million) to fund the development of its Kombat copper mine project...
Minister of Mines and Energy, Tom Alweendo, says Namibia’s recent oil and gas discoveries in the Orange Basin will require deliberate preparation and strategic planning to translate into tangible economic benefits. Speaking...
Australian-based Global Petroleum says it has entered early commercial discussions to secure a farm-in agreement with an undisclosed potential operating partner for its petroleum exploration licence (PEL) 94. According to the AIM-listed...
Elof Hansson Hydrogen Namibia (Pty) Ltd is planning to develop a major green hydrogen and ammonia production facility in the Erongo Region. The project will feature a 2,500MW solar photovoltaic (PV) plant,...
QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest in the Petroleum Exploration License and Petroleum Agreement for Block...
