Galp adds 700 million barrels to Namibian reserves after successful drilling
Portuguese energy giant Galp Energia has confirmed a 700 million barrels of oil equivalent (boe) increase in its 3C contingent ...
Tag: oil exploration
Oil rush in Orange Basin drives Namibia’s Q4 FDI to N$12.6 billion
Exploration activity in Namibia’s Orange Basin contributed to a significant surge in foreign direct investment (FDI), with net inflows reaching ...
TotalEnergies plans 40-well offshore drilling project in Namibia
TotalEnergies EP Namibia B.V. (TEEPNA) and its joint venture partners Impact Oil & Gas, NAMCOR, and QatarEnergy plan to drill ...
Tower Resources secures £500,000 bridge loan for Namibia, Cameroon operations
Oil and gas exploration firm Tower Resources has secured a £500,000 (N$11.8 million) unsecured, fixed-price convertible bridge loan from Prime ...
Namibia expects two final investment decisions in oil sector by 2027
The Ministry of Mines and Energy has expressed confidence that Namibia will secure at least two Final Investment Decisions (FIDs) ...
ReconAfrica accelerates drilling timeline for Prospect I to Q2 2025
Reconnaissance Energy Africa Ltd. (ReconAfrica) has announced an accelerated drilling schedule for its Prospect I exploration well, moving the spud ...
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 ...
