Public interest grows following recent offshore oil discoveries

Public interest grows following recent offshore oil discoveries

The Namibia Petroleum Operators Association hosted a press seminar to help the public better understand the country’s oil and gas industry. Recent offshore discoveries have increased public interest, making it important to provide clear and accurate information. NAMPOA Chairperson and BW Kudu Country Chairperson, Dr. Klaus Endresen, spoke about the economic challenges that the sector is facing.

September 24, 2024 58

Africa

Dangote’s bid buy crude in Nigerian currency approved

Nigeria's government has approved the sale of crude oil to the Dangote refinery in the local currency, the Naira. The government asked the state-owned oil company, Nigerian National Petroleum Company Limited to sell the crude to Dangote and other refineries with immediate effect. The decision puts an end to the dispute between Dangote refinery and oil regulators over crude supply. Reuters reports that the $20 billion Dangote refinery, Nigeria's […]

July 30, 2024 22

Local

Letshego Namibia appoints Tatenda Malunga as digital transformation and business support manager

Letshego Holdings Namibia is pleased to announce the appointment of Tatenda Malunga as its new Digital Transformation and Business Support Manager. With over ten years of experience in IT consulting across sectors like government, energy, finance, state-owned enterprises, and tourism, Malunga brings extensive expertise in digital transformation strategies, IT consultancy, and business analysis. In her spare time, Malunga enjoys playing club volleyball and running her own jewelry […]

July 12, 2024 48

Business / Economics

Oil discoveries make Namibia a top business travel destination

Oil and gas discoveries in Namibia are transforming the country into a high-end business travel destination from a tourist locale for a South African airline. Bloomberg Africa reports that Total Energies SE and Shell Plc have found an estimated 11 billion barrels of oil reserves in Namibia, in what is touted as potentially the biggest-ever deep water find. Namibia has yet to produce crude or gas but has become an […]

July 4, 2024 50

Namibia

Namibia’s Oil and Gas have potential to improve overall economy without adverse on other sector

By Josef Keas Sheehama Although Namibia's oil and gas industry has the potential to boost the country's economy, careful management and diversification are essential to ensuring that this potential is realized without detrimental effects on other industries. Namibia, along with other African countries, is emerging as an attractive oil and gas opportunity due to legislative changes that make the market more appealing. Namibia's […]

June 19, 2024 38

Namibia

Namibia advocates for broader sector impact analysis at energy summit

Managing Director of Monasa Advisory & Associates and Chairperson of the Economic Association of Namibia, Jason Kasuto, attended the Africa Energies Summit 2024. The event, organised by Frontier Communications, is a platform for stakeholders to explore opportunities and address challenges in Africa's energy sector.

May 20, 2024 58

Local

Namibia International Energy Conference triumphs with Global participation

Last week, the 6th edition of the Namibia International Energy Conference convened more than 750 attendees from 46 nations, 22 nations more than previous years, at the serene Droombos, Windhoek. This gathering served as a pivotal platform for deliberating on exciting developments in its Namibia’s energy landscape allowing delegates to reimagine the possibilities for our nation and its people. Amidst the captivating discourse and insightful presentations by esteemed local […]

May 6, 2024 25

Namibia

Diamond industry growing, despite new industry players

https://youtu.be/F8LsNudVJcY By Josia Shigwedha, via News on One With emerging industries in the energy sector such as oil and gas, the diamond industry’s position as a key contributor towards the growth of the sector and economy could be at stake. But this may not be the case as the Namibia Diamond Trading Company (NDTC) Chief Executive Officer, Brent Eiseb, stated that the intake of the precious gemstones for […]

April 24, 2024 26

Business / Economics

About 10 billion barrels of oil discovered off Namibia’s coast

An estimated 10bn barrels of oil has been discovered in Namibia, Portuguese oil company Galp Energia has said. The company told Bloomberg News that it had made the potential find after concluding its first phase of oil exploration in the Mopane field off Namibia's coast. Vast oil and gas reserves have been discovered in Namibia's Orange Basin, where Mopane is located, in recent years. Namibia is eyeing an entry into […]

April 22, 2024 100