insert_link Business / Economics NAMCOR Expands Oil Exploration in Orange Basin The National Petroleum Corporation has announced plans to drill four new exploration and appraisal wells in the Orange Basin, between later this year and early 2025. Working with joint venture partners, NAMCOR aims to build on recent successful oil discoveries and data from advanced seismic surveys. The corporation's Paulo Coelho: today13 November, 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 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 […] today22 April, 2024
insert_link Business / Economics Namibia may tap its trillion dollar oil & gas windfall to fuel renewables ambitions. By Bonface Orucho, bird story agency Namibia has been advancing extensive oil and gas exploration, and making substantial discoveries. Portuguese oil and gas company recently announced another discovery of “a significant column” of light oil in high-quality reservoirs. A press statement from Galp on March 15, confirmed the find at the Mopane-2X well in the larger Orange Basin, off the Namibian Coast, adding to its oil discovery […] today20 March, 2024
Local NIEC 2024: Unveiling the Future of Energy in Namibia with Premier Sapphire Sponsors RMB, Shell, and Chevron The Namibia International Energy Conference (NIEC), renowned as “The gathering” for energy sector deliberations in Namibia, proudly announces its Sapphire sponsors for the upcoming 2024 conference: RMB, Shell, and Chevron. This collaboration underscores the pivotal role of sponsorship in steering the conversations and innovations that will chart the future course of Namibia's energy sector. Selma Shimutwikeni, the founder of RichAfrica Consultancy and convener of the NIEC, extends a heartfelt thank […] today11 March, 2024
insert_link Local Namcor announces significant oil discovery in block 2813a (pel83), orange basin, offshore Namibia The National Petroleum Corporation of Namibia; NAMCOR with 10% carried interest, in conjunction with its partners Galp Energia (80%, operator) and Custos (10%), is excited to announce a significant oil discovery in the Mopane-1X exploration well, situated in the PEL83, Orange Basin, offshore Namibia. Following the initial announcement on January 2, 2024, PEL 83 JV partners have now confirmed the discovery of a substantial column of light oil in high-quality, […] today10 January, 2024
