Galp invests N$6 billion in Namibia’s oil exploration
Galp Energia's investments in Namibia reached N$6 billion (€312 million) in 2024, primarily allocated to exploration and appraisal activities, according ...
Tag: oil and gas
Shell still keen on Namibia prospects, clarifies US$400m write-off
Shell has clarified that its $400 million impairment related to an oil discovery offshore Namibia stems from challenges in finding ...
Bank of Namibia cautions against oil, gas hype before final investment decision
The Bank of Namibia (BoN) has urged caution regarding the country’s oil and gas prospects, emphasizing that a final investment ...
Supernova Metals enters Namibia’s Orange Basin with NamLith acquisition
Supernova Metals Corp. has expanded into Namibia’s offshore energy sector with the acquisition of NamLith Resources Corp., securing a 12.5% ...
Chevron acquires 80% interest and operatorship of PEL 82 offshore Namibia
Chevron Namibia Exploration II Limited, a subsidiary of Chevron Corporation, has acquired an 80% stake and operatorship in Petroleum Exploration ...
Impact Oil & Gas discovers oil at Tamboti-1X well offshore Namibia
Impact Oil & Gas has confirmed the discovery of black oil at the Tamboti-1X exploration well in Block 2913B (PEL ...
NCCI urges swift implementation of local content legislation in oil & gas sector
The Namibia Chamber of Commerce and Industry (NCCI) has urged the government to fast-track the enactment of legislation promoting local ...
Namibian petroleum operators elect new board to drive namibia’s oil and gas sector
The Namibian Petroleum Operators Association (NAMPOA) has elected a new five-member Board of Directors to steer the organization for the ...
Oil refinery, desalination plant and 500MW plant planned for Walvis Bay
A Namibian company, ISF Trading Enterprises, has announced plans to build a 300,000 barrels per stream day (BPSD) modular oil ...
NAMCOR reports major advancements in Orange Basin oil exploration
The National Petroleum Corporation of Namibia (NAMCOR) says it has reported significant progress in its oil and gas exploration activities, ...
