As Namibia anticipates its emergence as a potential player in the global oil and gas markets, discussions about joining the Organization of the Petroleum Exporting Countries (OPEC) have surfaced. However, a decision...
Canadian oil and gas company, ReconAfrica, has announced the retirement of Craig Steinke as a director and chairman of the board. Steinke has been a director and president of the company since...
Tomas Aipanda has been elected as the interim chairperson of the Namibia branch of the Southern African Institute of Mining and Metallurgy (SAIMM). Aipanda, who possesses an Honors degree in Mining Engineering...
Namibia and Angola have agreed to sign the implementation agreement for the proposed US$1.2 billion Baynes Hydro-Power Project next month. Angola and Namibia government lawyers are set to meet and finalise the...
Canada-headquartered oil and gas company Eco (Atlantic) Oil & Gas has struck a farm-in deal to acquire a stake in Block 1, in the Orange basin offshore South Africa. The deal sees...
Research firm Wood Mackenzie Exploration Survey has recognised Shell and Galp Energies for their significant contributions to the exploration sector, specifically highlighting their work in Namibia. The survey collects insights from industry...
Deep Yellow Limited has selected Ausenco Services Pty Ltd (Ausenco) as the preferred contractor to provide detailed engineering and engineering, procurement and construction management (EPCM) services for the company's flagship Tumas Project....
RMB Namibia has been appointed by QKR Navachab as the initial mandated lead arranger, underwriter, and coordinator of a syndicated loan from Namibian and South African banks. The loan, providing bespoke term...
Namibia has four onshore and four offshore basins that are estimated to contain 11 billion barrels of oil (boe) and 2.2 trillion cubic feet (tcf) of natural gas. Several recent oil discoveries...
ReconAfrica says it aims to leverage existing infrastructure for a swift production setup within two-three years of a potential oil discovery. The development could position the company to be the first oil...
