Exxon, Shell among oil giants linked to Galp’s Namibia block
Exxon Mobil ,Shell , TotalEnergies and Equinor are among major energy companies evaluating bids for a 40% stake in Galp ...
Tag: oilandgas
Halliburton to invest N$183m in Walvis Bay plant
Halliburton Industries Limited (Halliburton) is set to invest N$183 million in the construction and operation of a liquid mud treatment ...
High development costs behind Galp’s stake sale
Portuguese company Galp Energia has revealed that capital limitations are the main reason behind its decision to sell its stake ...
88 Energy awards Owambo Basin 2D Seismic Programme to Polaris
88 Energy Limited awarded a 2D seismic data acquisition programme for its Exploration Licence 93 (PEL 93) to Polaris as ...
Alweendo,Namcor, Victoria Sibeya nominated for Africa Energies Summit awards
Mines and Energy Minister Tom Alweendo has been nominated for the Africa’s Legend Award at the Africa Energies Summit.The final ...
Shell prioritises derisking before major investment in Namibian activities
Oil major Shell has announced a strategic emphasis on thorough derisking measures before committing significant capital investments in Namibia's offshore ...
Angola’s Azule Energy acquires stake in Namibia oil block
Azule Energy, an Angolan energy joint venture between bp and Eni, has acquired a stake in Namibia's offshore Block 2914A ...
Galp Energia invests N$1.5bn in Namibian upstream projects in Q1
Galp Energia says it invested approximately N$1.5 billion towards upstream projects in Namibia in the first quarter (Q1) of 2024. ...
Chevron acquires 80% working interest in offshore Namibia license from Namcor
The National Petroleum Corporation of Namibia (NAMCOR) has signed a Farm-Out Agreement with Chevron Namibia Exploration Limited (CNEL), a subsidiary ...
TotalEnergies targets 180,000 bpd production in first phase of Venus project
TotalEnergies is targeting production of as much as 180,000 barrels per day (bpd) in the first phase of its Venus ...
