Global Petroleum secures Namibia licence renewal
Global Petroleum Limited says it has successfully renewed its Petroleum Exploration Licence (PEL) 94 in Namibia for the period 2024/2025. The ...
Tag: oilandgas
Namibia’s emerging oil discoveries set to boost investment appeal
Namibia's Orange Basin is rapidly emerging as one of the world's most promising oil and gas regions, according to the ...
Shell raises commercial viability as a key challenge in Namibia
Shell Chief Executive Wael Sawan says determining the commercial producibility and mobility of new energy molecules in Namibia remains a ...
Eco Atlantic invests N$273 million in Namibia activities
Eco Atlantic Oil & Gas Ltd. (Eco Atlantic) has invested N$273 million (US$15 million) in petroleum and natural gas licences ...
ReconAfrica completes N$514m offering led by BW Energy investment
Reconnaissance Energy Africa Ltd. (ReconAfrica) has successfully closed its public offering, exceeding its target by raising approximately C$38.8 million (N$514 ...
NAMCOR considers gradual increase in oil & gas partnership stake
The National Petroleum Corporation of Namibia (NAMCOR) says it is looking to gradually increase its stake within oil and gas ...
ReconAfrica boosts Namibia oil exploration with new data
ReconAfrica has intensified its exploration activities in Namibia with the acquisition of over 5,000 square kilometres of enhanced full tensor gravity ...
How newcomers like Namibia and Guyana are surpassing African legacy producers in energy investment
The major players on the world energy production stage are well known, and particularly in the field of oil and ...
Galp invests N$2.1bn in Namibian upstream projects in six months
Galp Energia says it has invested approximately N$2.1 billion towards upstream projects in Namibia in the first six months of ...
ReconAfrica in N$2bn Kavango Basin deal with BW Energy
BW Energy has entered into a N$2,6 billion (U$141 million) partnership with ReconAfrica, securing a 20% working interest in the ...
