insert_link Namibia Oil, trade, and tourism top agenda at Namibia-Nigeria talks Namibia is set to host the Fifth Session of the Namibia–Nigeria Joint Permanent Commission of Cooperation in Windhoek from today until 7 February 2025. The high-level meeting aims to strengthen bilateral relations between the two nations, particularly in the sectors of health, education, agriculture, oil, and gas. Namibia previously called for the revival of the joint commission to cement collaboration in areas of mutual interest. Speaking ahead of the […] today5 February, 2025
insert_link Business / Economics Namcor reports on operational progress of Venus wells Exterior view of the NAMCOR (National Petroleum Corporation of Namibia) offices The National Petroleum Corporation of Namibia (Namcor) has made significant progress in its post-well studies for the Venus oil wells. The studies, which include analysing core samples, logging data, and fluid samples, form part of Namibia’s growing oil exploration activities in the Orange Basin. Ongoing collaboration and operational updates Namcor’s latest operational update indicates […] today27 January, 2025
Uncategorized The Oil “Curse” and Namibia’s Critical Crossroads OPINION By: Barney Hamse In 2014, Zack Beauchamp wrote an article titled, The Oil Curse: How Black Gold Makes Countries More Authoritarian, Corrupt, and Violent. This concept has since been discussed extensively, and numerous reports over the years have highlighted the adverse impacts of oil wealth on nations, particularly in Africa. Namibia is now at a critical juncture, and it must tread carefully to avoid the pitfalls that many oil-rich countries […] today3 December, 2024
insert_link Local NAMCOR UPDATE ON UPSTREAM OPERATIONS Windhoek, Namibia — The National Petroleum Corporation of Namibia (NAMCOR) provides an update on the country's ongoing upstream activities. NAMCOR Exploration and Production (E&P), in collaboration with joint venture partners in PELs 56, 83, 85, and 90, will commence drilling four exploration and appraisal wells in the Orange Basin, offshore Namibia, between Q4 2024 and Q1 2025. This expansion in upstream oil and gas activities follows successful discoveries since 2022, […] today12 November, 2024
insert_link Business / Economics 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. today24 September, 2024
insert_link Business / Economics NamCor signs MoU with Gambian oil company The National Petroleum Corporation of Namibia has signed a Memorandum of Understanding with the Gambia National Petroleum Corporation to collaborate and strengthen both organisations, according to NamCor's interim managing director, Ebson Uanguta. today22 August, 2024
insert_link Business / Economics Windhoek prepares to host Namibia Oil & Gas Conference As Namibia prepares up for the upcoming Namibia Oil & Gas Conference in Windhoek next week, Shakwa Nyambe, Founder and Managing Partner of SNC Incorporated, has shared his views on the evolving trends within the oil and gas sector. Nyambe mentioned the changes occurring in the financing of oil and gas projects. In addition to financing, Nyambe pointed out the importance of infrastructure development in the oil and […] today15 August, 2024
insert_link Business / Economics 30 July 2024 Morning Biz News: Namibia’s Aquatic Exports Rise Despite Decrease in Landings; TotalEnergies Withdraws from South African Gas Block Namibia's Aquatic Exports Rise Namibia's export earnings from fish, crustaceans, molluscs, and other aquatic invertebrates reached N$4.1 billion in Q1 2024, a slight increase from N$4.0 billion in Q1 2023. Despite this, High Economic Intelligence (HEI) reports a 16.7% decrease in landings of quota species, down to 97,077 metric tons from 116,471 metric tons in the previous year. TotalEnergies Exits South African Offshore Gas Block TotalEnergies has announced its withdrawal […] today30 July, 2024
insert_link Africa TotalEnergies Sells Minority Stake in Nigerian Onshore Oil JV for $860 Million TotalEnergies has sold its 10% stake in the Shell Petroleum Development Company of Nigeria Limited to Mauritius-based Chappal Energies for $860 million says Reuters. CEO Patrick Pouyanne announced in February that TotalEnergies planned to exit the venture due to numerous oil spills caused by theft, sabotage, and operational issues, which resulted in costly repairs and high-profile lawsuits. today18 July, 2024
