Prospect Resources Limited (Prospect) says it commenced Phase 2 drilling at the Omaruru Lithium Project in Namibia alongside Osino Resources Corp, in line with their earn-in agreement for a 50% stake in...
Namibia is among the top five countries in Africa with the highest percentage of drilling rig demand, according to the State of African Energy 2024 Outlook. The ranking includes South Africa, Equatorial...
Trigon Metals is set to commence the first phase of underground mining at Kombat with a 10-year mine life. The company is gearing up for this phase in early 2024, targeting an...
TotalEnergies Namibia has signed an agreement to purchase a 10.5% participating interest in block 2913B and a 9.39% participating interest in block 2912, both located offshore Namibia, from Impact Oil and Gas...
Deputy Governor of the Bank of Namibia, Ebson Uanguta, will assume the role of Interim Acting Managing Director of The National Petroleum Corporation of Namibia (Namcor) effective Thursday, 11 January, for a...
Dundee Precious Metals says it processed approximately 188,800 tonnes of complex concentrate in 2023, an 8% increase from 174,122 processed in 2022 at the Tsumeb Smelter. The company says the increase is...
Galp Energia has announced plans to conduct a Drill Stem Test (DST) in the coming weeks to assess the commercial viability of the discovery of a significant column of light oil from...
Shell Namibia Upstream B.V. has decided not to exercise the remaining option available under the contract for the offshore drilling rig, Deepsea Bollsta, for work in Namibia. This decision follows Shell Namibia...
Galp Energia has reported positive indications of hydrocarbons from its Mopane 1X exploration well. Galp began drilling the Mopane-1X probe on November 17 in Petroleum Exploration Licence (PEL) 93 as part of...
Namibia expects the announcement of concrete outcomes from the ongoing offshore oil drilling off the coast of Namibia in 2024. The expectation arises as oil majors Shell and TotalEnergies are presently conducting...
