Impact Oil and Gas announced on Monday it will separate its Namibian exploration and development business from its South African exploration portfolio in a corporate reorganisation backed by principal shareholders Deepkloof and Meren Energy.
Namibia is accelerating petroleum sector reforms as it moves closer to first oil, with policymakers seeking to strengthen the regulatory framework and sustain investor confidence amid rising offshore activity.
Eco (Atlantic) Oil & Gas has signed an agreement to farm down a 60% participating interest in its offshore Namibia portfolio to bp, transferring operatorship across three exploration licenses in the Walvis basin.
Oregen Energy has signed a letter of intent to evaluate an equity investment in Petrovena Energy and grow its footprint in Namibia’s Orange Basin, Oregen announced on Tuesday.
ReconAfrica has commenced production testing operations at its Kavango West 1X discovery well in Namibia, marking a key step in evaluating the commercial potential of the Kavango basin. Testing operations are underway following receipt of regulatory approvals, with field crews preparing the well and associated equipment now in place. The company has contracted major service providers, […]
Sintana Energy has entered a letter of intent to acquire an indirect interest in PEL 37 in the Walvis Basin offshore Namibia, the company announced on Wednesday. The block spans 17,295 square kilometres in relatively shallow waters, ranging in depth from 100 to 1,500 metres. Prospects have already been identified at water depths between 300 […]
Shell is preparing to launch a new drilling campaign in Petroleum Exploration Licence 39 (PEL39) offshore Namibia, the company’s country chair in Namibia, Eduardo Rodriguez, said in a LinkedIn post on Thursday.
BW Energy has confirmed the presence of liquid hydrocarbons in the Kudu license area in Orange basin offshore Namibia.
The UK-based energy giant, which is a co-venturer in the exploration license via its 50/50 company with Italy’s Eni, Azule Energy, can confirm the preliminary results of the Volans-1X exploration well, as reported by operator Rhino Resources earlier this month.
The partnership will align academic and industrial training with international standards, offering Namibian students, job seekers, and service providers access to education, mentorship, and employment opportunities. The initiative aims to strengthen local capacity across technical disciplines including engineering, fabrication, operations, and project management, supporting the development of Namibia’s offshore energy resources.