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 ...
Tag: Orange Basin
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 ...
Shell eyes Q4 2025 for Namibia oil decision as Chevron finalizes seismic data
Shell is expected to decide in the fourth quarter of 2025 whether it will proceed with field development in Namibia’s ...
Argeo completes deepwater work at TotalEnergies’ Venus project
Norwegian offshore services company Argeo has completed deepwater operations at TotalEnergies’ Venus project off the coast of Namibia. The project, ...
Woodside’s opts out of PEL 87 offshore Namibia farm-in option
Woodside Energy Inc. has opted not to exercise its farm-in option for Petroleum Exploration License 87 (PEL 87) in Namibia’s ...
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 ...
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 ...
Up to 10 wells set for drilling in Namibia’s Orange Basin in 2025
Namibia’s Orange Basin is forecast to see a surge in drilling activity this year, with 7 to 10 wells expected ...
Africa Oil Corp to get $31.6m dividend from Impact Oil after Namibia deal
Africa Oil Corp is set to receive a US$31.6 million dividend from Impact Oil & Gas following the successful farm-out ...
