Tower Resources acquires additional 5% in Namibia’s PEL 96
Tower Resources, through its subsidiary Tower Resources (Namibia) Limited (TRNL), has acquired an additional 5% interest in the PEL 96 ...
Tag: oil and gas
OceanX scientist urges caution in oil and gas exploration off Namibian coast
U.S.-based marine scientist Dr. Vincent Pieribone has warned against the risks of pollution and overexploitation of Namibia’s offshore ecosystem due ...
SBM Offshore eyes Namibia’s deepwater prospects
SBM Offshore is positioning itself for potential deepwater developments in Namibia as part of its strategic outlook for 2025 and ...
Rhino Resources confirms hydrocarbon discovery in Namibia’s Orange Basin
Rhino Resources Ltd, on behalf of the PEL 85 Joint Venture (JV), says it has encountered a hydrocarbon-bearing reservoir, confirming ...
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 ...
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% ...
